Lion (OTCMKTS:LIOPF) Downgraded by Zacks Investment Research to Hold

Zacks Investment Research lowered shares of Lion (OTCMKTS:LIOPF) from a buy rating to a hold rating in a research note issued to investors on Tuesday, Zacks.com reports.

According to Zacks, “Lion Corporation is involved in the manufacture and sale of toothpastes, toothbrushes, soaps, cleansers, hair- and skin-care products, cooking-related products and pharmaceuticals. Lion Corporation is based in Tokyo, Japan. “

Shares of OTCMKTS LIOPF opened at $17.00 on Tuesday. Lion has a 12-month low of $17.00 and a 12-month high of $17.55. The company has a market capitalization of $4.94 billion, a PE ratio of 23.94 and a beta of -0.10. The firm’s 50-day moving average is $17.29 and its two-hundred day moving average is $20.75.

Lion (OTCMKTS:LIOPF) last announced its quarterly earnings results on Wednesday, August 4th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.01). The business had revenue of $829.25 million during the quarter, compared to analysts’ expectations of $830.00 million. Lion had a net margin of 6.13% and a return on equity of 8.97%. As a group, equities research analysts expect that Lion will post 0.71 earnings per share for the current fiscal year.

Lion Company Profile

Lion Corporation manufactures and sells consumer and industrial products in Japan and internationally. It operates through three segments: Consumer Products Business, Industrial Products Business, and Overseas Business. The company offers dental and oral care products, including toothpastes, toothbrushes, dental floss, mouthwashes and breath fresheners, periodontitis ointments, and denture products; body care products, such as shampoos and conditioners, hand soaps, wet wipes, body washes and bath additives, beauty soaps, skin and acne care products, antiperspirants and deodorants, hair-nourishment treatments, men's care and toiletries products, and foot care products.

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