Zacks Research lowered shares of Kikkoman (OTCMKTS:KIKOY – Free Report) from a hold rating to a strong sell rating in a research report released on Monday,Zacks.com reports.
Kikkoman Stock Performance
Shares of KIKOY opened at $21.55 on Monday. The firm has a fifty day simple moving average of $18.70 and a two-hundred day simple moving average of $18.56. Kikkoman has a 1-year low of $15.73 and a 1-year high of $21.55.
Kikkoman Company Profile
Kikkoman Corporation (OTCMKTS:KIKOY) is a Japan-based food manufacturer best known for its soy sauce and related seasonings. Headquartered in Noda, Chiba Prefecture, the company traces its roots to family-operated soy sauce brewing in the early 1600s and formalized its corporate structure in 1917. Over the decades, Kikkoman has expanded its portfolio to include a wide range of sauces, marinades, dressings, and cooking wines, combining traditional fermentation techniques with modern production methods.
The company’s flagship product remains naturally brewed soy sauce, made from soybeans, wheat, salt and water through a fermentation process that can take several months.
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