JPMorgan Chase & Co. Downgrades DeNA (OTCMKTS:DNACF) to Underweight

DeNA (OTCMKTS:DNACF) was downgraded by JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating in a research report issued to clients and investors on Monday, The Fly reports.

Separately, Zacks Investment Research raised shares of DeNA from a “sell” rating to a “hold” rating in a research report on Wednesday, December 4th.

Shares of DNACF opened at $16.22 on Monday. The firm has a market cap of $2.36 billion, a PE ratio of 20.53 and a beta of -0.26. The firm’s 50 day moving average price is $16.58 and its 200 day moving average price is $18.58. DeNA has a twelve month low of $14.76 and a twelve month high of $22.62.

About DeNA

DeNA Co, Ltd. develops and operates mobile and online services worldwide. The company operates Mobage, a platform that hosts free-to-play mobile games; Yahoo! Mobage, which offers games for PC browsers; and AndApp, a platform that allows users to play mobile game apps on PC browsers under the same user account.

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