The stocks of RYCEY have been given a rating of sell after it was previously a rating of hold by analysts at Zacks Investment Research. It was then published in a research report that was sent out to investors and clients last Wednesday.
The Stock Commentary On RYCEY
As it turns out, there have been quite a few research equities that have commented on the stocks of RYCEY. Societe Generale has already reaffirmed their rating of sell in a 15th March research report. Credit Suisse Group has also reiterated their rating of underperform in a 15th March research report. Morgan Stanley has put up a rating of equal weight, in an 11th February research report.
JPMorgan Chase & Co has gone ahead and increased the rating of the company from underweight to neutral in a research report that was published on the 16th of March. In the end, Jefferies Financial Group decided to reiterate their rating of buy in a 20th January research report.
Currently, five analysts have already given the stocks of the company a rating of sell, while six of them have given it a rating of hold. Close to three investment analysts have provided the stocks with a rating of buy. At present, RYCEY has a hold rating with a $4.75 price target.
The stocks of RYCEY traded on Wednesday at $1.48. The year low of the company stands at $1.31, while the year high will begin at $5.22. The market cap of the firm stands at $2.86 billion, with a 7.40 PE ratio, along with a 1.17 beta. The moving average price of the company over 50 days is $1.53, while the moving average price of the firm over 200 days is $2.07.