JAPAN POST BANK (OTCMKTS:JPPTY – Get Free Report) was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued on Monday,Zacks.com reports.
JAPAN POST BANK Stock Down 0.5%
Shares of JPPTY opened at $19.71 on Monday. JAPAN POST BANK has a 1 year low of $9.46 and a 1 year high of $22.79. The business’s 50 day simple moving average is $17.94 and its 200-day simple moving average is $16.48.
JAPAN POST BANK Company Profile
Japan Post Bank Co, Ltd. is one of Japan’s largest retail banks, operating as a subsidiary of Japan Post Holdings. Leveraging the extensive network of post office branches across Japan, the bank provides a full suite of deposit and payment services designed to meet the needs of individual consumers, small- and medium-sized enterprises, and public sector clients. Its broad branch footprint enables convenient access to banking services even in rural areas, underpinning a strong domestic deposit base.
The bank’s core offerings include savings and time deposit accounts, domestic and international remittance services, and foreign currency deposit products.
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