Jiangsu Expressway Co Ltd (NASDAQ:JEXYY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Wednesday.
According to Zacks, “Jiangsu Expressway Company Limited engages in the investment, construction, operation, and management of toll roads and bridges. The company offers passenger transport and other services like refueling, catering, retailing, automobile repair and maintenance, advertising, and accommodation. In addition, it involves in the investment, development, and consulting of real estate properties. Jiangsu Expressway Company Limited is headquartered in Nanjing, the People’s Republic of China. “
Shares of Jiangsu Expressway Co (NASDAQ:JEXYY) opened at 27.80 on Wednesday. Jiangsu Expressway Co has a 12-month low of $21.69 and a 12-month high of $29.29. The company has a 50-day moving average of $28.40 and a 200 day moving average of $27.11. The stock has a market capitalization of $7.00 billion and a price-to-earnings ratio of 19.86.
Jiangsu Expressway Co Company Profile
Jiangsu Expressway Company Limited is principally engaged in investment, construction, operation and management of the Jiangsu section of Shanghai-Nanjing Expressway (the Shanghai-Nanjing Expressway), Nanjing-Lianyungang Class 1 Highway-Nanjing Section (Nanjing-Lianyungang Highway) and other toll roads in Jiangsu Province, the People’s Republic of China (PRC).
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