Motus (OTCMKTS:MOTUY) Cut to Underweight at JPMorgan Chase & Co.

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Motus (OTCMKTS:MOTUY) was downgraded by equities research analysts at JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating in a note issued to investors on Tuesday, The Fly reports.

Shares of MOTUY stock opened at $4.66 on Tuesday. Motus has a 12 month low of $4.18 and a 12 month high of $7.26.

Motus Company Profile

Motus Holdings Limited operates in the automotive sector. It operates through four segments: Import and Distribution, Retail and Rental, Motor-Related Financial Services, and Aftermarket Parts. The Import and Distribution segment imports and distributes passenger and light commercial vehicles and parts to a network of dealerships, car rental companies, fleets, and government institutions in South Africa.

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