Zacks Investment Research lowered shares of Panalpina Welt (OTCMKTS:PLWTY) from a hold rating to a strong sell rating in a report released on Tuesday morning.
According to Zacks, “Panalpina Welttransport Holding AG engages in providing supply chain solutions. It offers freight shipping and supply chain management services. The Company transports freight by air and ship, and offers warehousing and distribution services. Panalpina’s air freight services include general, special, express, and intermodal services; and charter and emergency services. The company also offers ocean freight products comprising full container load, less-than-container load, and non-containerized load products, as well as various special services, such as dangerous goods handling, temperature controlled transportation, cargo insurance, letter of credit processing, certification and legalization of documents, food and drug administration filing, and advanced cargo information filing. It provides logistics services, including inbound, warehousing, production, distribution, and aftermarket services. Panalpina Welttransport Holding AG is headquartered in Basel, Switzerland. “
Panalpina Welt (PLWTY) opened at $27.65 on Tuesday. Panalpina Welt has a 52-week low of $27.65 and a 52-week high of $27.65. The stock has a market capitalization of $3,941.79, a price-to-earnings ratio of 58.83 and a beta of 0.52.
ILLEGAL ACTIVITY WARNING: “Panalpina Welt (PLWTY) Downgraded by Zacks Investment Research to “Strong Sell”” was reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this story on another website, it was stolen and republished in violation of US and international trademark and copyright laws. The correct version of this story can be read at https://www.dispatchtribunal.com/2018/02/14/panalpina-welt-plwty-downgraded-by-zacks-investment-research-to-strong-sell.html.
Receive News & Ratings for Panalpina Welt Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Panalpina Welt and related companies with MarketBeat.com's FREE daily email newsletter.