HENGAN INTL GRP/ADR (OTCMKTS:HEGIY) Rating Lowered to Sell at Zacks Investment Research

Zacks Investment Research downgraded shares of HENGAN INTL GRP/ADR (OTCMKTS:HEGIY) from a hold rating to a sell rating in a report issued on Saturday, Zacks.com reports.

According to Zacks, “Hengan International Group Company Limited operates as an investment holding company. It engages in the manufacturing, distributing and selling of personal hygiene products, food and snack products and skin care products primarily in China. The company’s operating segments consists of Tissue Paper Products, Sanitary Napkins Products, Disposable Diapers Products, Food and Snacks Products and Skin Care Products and Others. Hengan International Group Company Limited is headquartered in Quanzhou, China. “

Separately, ValuEngine raised HENGAN INTL GRP/ADR from a sell rating to a hold rating in a research note on Wednesday, October 2nd.

HENGAN INTL GRP/ADR stock traded down $1.10 during midday trading on Friday, reaching $31.66. 9,622 shares of the stock traded hands, compared to its average volume of 13,586. The stock’s fifty day moving average is $32.76 and its 200-day moving average is $37.44. HENGAN INTL GRP/ADR has a 12 month low of $31.12 and a 12 month high of $46.22. The stock has a market cap of $7.64 billion, a P/E ratio of 13.30, a PEG ratio of 1.25 and a beta of 0.96.

HENGAN INTL GRP/ADR Company Profile

Hengan International Group Company Limited, an investment holding company, manufactures, distributes, and sells personal hygiene products in the People's Republic of China, Hong Kong, and internationally. The company offers box tissue papers, first-aid products, enema, skin care and cleansing products, baby skin care products, sanitary napkins and pantiliners, kitchen towels/papers, pocket handkerchiefs, preservation bags/paper, toilet rolls, adult and baby diapers, and wet tissues.

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