Zacks Investment Research lowered shares of KINGDEE Intl SO (OTCMKTS:KGDEY) from a hold rating to a strong sell rating in a report issued on Thursday morning.
According to Zacks, “Kingdee International Software Group Co., Ltd. is an investment holding company. It engages in the developing, manufacturing and selling of enterprise management software products and provision of software-related technical services primarily in China. The company’s operating business segments consists of Enterprise Management Software Business and Others. Enterprise Management Software Business segment engages in the selling and implementation of enterprise management software, provision of other related services and sales of hardware related to enterprise management software arrangements. Others segment engages in the selling of middleware software business and provision of online management services. Kingdee International Software Group Co., Ltd. is headquartered in Shenzhen, China. “
Separately, ValuEngine upgraded KINGDEE Intl SO from a hold rating to a buy rating in a research note on Wednesday, May 2nd.
About KINGDEE Intl SO
Kingdee International Software Group Company Limited, an investment holding company, develops, manufactures, markets, and sells enterprise management software products. The company operates through ERP Business, Cloud Services Business, and Others segments. The ERP Business segment is involved in the sale and implementation of enterprise management software; provision of other related services; sale of hardware related services to enterprise management software arrangements; and sale of middleware software.
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