Zacks Investment Research lowered shares of Gree Inc (NASDAQ:GREZF) from a buy rating to a hold rating in a report released on Wednesday, July 12th.
According to Zacks, “Gree, Inc. operates as a social network service. The company’s business consists of Games, Commerce and Lifestyle, Community and Media, Advertising and Online Video as well as Investment. Gree, Inc. is headquartered in Tokyo, Japan. “
Shares of Gree (GREZF) remained flat at $9.09 during midday trading on Wednesday. The stock has a 50-day moving average price of $8.87 and a 200 day moving average price of $6.64. Gree has a 1-year low of $5.25 and a 1-year high of $9.09. The stock has a market capitalization of $2.14 billion and a PE ratio of 14.76.
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