Showa Denko K.K. (OTCMKTS:SHWDY) Lowered to “Hold” at Zacks Investment Research

Zacks Investment Research lowered shares of Showa Denko K.K. (OTCMKTS:SHWDY) from a buy rating to a hold rating in a report published on Friday, March 16th.

According to Zacks, “Showa Denko K.K. is engaged in chemical business. The company’s business segment consists of Petrochemical, Chemicals, Inorganics, Aluminum, Electronics and Advanced Battery Materials. Showa Denko K.K. is based in Minato-Ku, Japan. “

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Shares of OTCMKTS SHWDY remained flat at $$42.66 during mid-day trading on Friday. The company had a trading volume of 38 shares, compared to its average volume of 4. Showa Denko K.K. has a 52-week low of $22.53 and a 52-week high of $48.37. The firm has a market capitalization of $67,265.29 and a P/E ratio of 21.22.

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