Zacks Research downgraded shares of Fast Retailing (OTCMKTS:FRCOY – Free Report) from a hold rating to a strong sell rating in a report published on Wednesday,Zacks.com reports.
Fast Retailing Price Performance
Shares of OTCMKTS:FRCOY opened at $36.47 on Wednesday. Fast Retailing has a 52 week low of $28.46 and a 52 week high of $38.53. The firm has a fifty day simple moving average of $36.29 and a two-hundred day simple moving average of $33.52.
Fast Retailing Company Profile
Fast Retailing Co, Ltd. is a Japanese retail holding company best known as the parent of Uniqlo, one of the world’s leading casual apparel brands. Headquartered in Yamaguchi Prefecture, Japan, Fast Retailing focuses on the design, manufacture and global distribution of everyday wear for men, women and children. Its core business centers on accessible, high-quality basics that blend functionality with minimalist styling, underpinned by proprietary fabric technologies such as HEATTECH and AIRism.
The company traces its roots to a men’s clothing shop founded by Tadashi Yanai’s family in 1963.
Read More
- Five stocks we like better than Fast Retailing
- Do not delete, read immediately
- INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off
- Can Any Expenses Be Deducted From Capital Gains Tax?
- Do you know what Amazon is planning for January 1?
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
Receive News & Ratings for Fast Retailing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fast Retailing and related companies with MarketBeat.com's FREE daily email newsletter.
