Zacks Investment Research Lowers JSR CORP/ADR (OTCMKTS:JSCPY) to Hold

Zacks Investment Research lowered shares of JSR CORP/ADR (OTCMKTS:JSCPY) from a buy rating to a hold rating in a research report released on Friday, Zacks.com reports.

According to Zacks, “JSR Corp. engages in the manufacture and sale of synthetic rubber and chemical materials. Its operating segment consists of Elastomers, Plastics and Fine Chemicals and Other Products. Elastomers segment produces and merchandises general purpose synthetic rubber for automobile tires, special high performance rubber for automotive components, thermoplastic elastomers for plastic enhancements, and emulsion for paper coating. Plastics segment deals with Acrylonitrile Butadiene Styrene, Acrylonitrile Ethylene Styrene and Acrylonitrile Styrene Acrylate plastics for automobiles, office automation equipment and amusement machines. Fine Chemicals and Other Products segment manufactures and sells semiconductor, flat panel display and optical fiber coating materials. JSR Corp. is headquartered in Tokyo, Japan. “

A number of other equities analysts also recently commented on JSCPY. ValuEngine raised shares of JSR CORP/ADR from a sell rating to a hold rating in a research note on Wednesday, September 11th. Jefferies Financial Group downgraded shares of JSR CORP/ADR from a buy rating to a hold rating in a research note on Wednesday, September 18th.

Shares of OTCMKTS:JSCPY opened at $15.76 on Friday. The company has a market capitalization of $3.44 billion, a price-to-earnings ratio of 12.41 and a beta of 1.31. JSR CORP/ADR has a 52 week low of $13.47 and a 52 week high of $18.67. The company has a quick ratio of 1.29, a current ratio of 2.16 and a debt-to-equity ratio of 0.13. The firm has a 50 day moving average of $16.21 and a 200 day moving average of $15.47.

JSR CORP/ADR (OTCMKTS:JSCPY) last issued its quarterly earnings data on Monday, July 29th. The company reported $0.30 EPS for the quarter. The company had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.08 billion. JSR CORP/ADR had a net margin of 5.95% and a return on equity of 6.72%. On average, sell-side analysts expect that JSR CORP/ADR will post 1.18 EPS for the current year.

JSR CORP/ADR Company Profile

JSR Corporation provides petrochemical products, and fine chemicals and other products in Japan and internationally. The company operates through three segments: Elastomers Business, Plastics Business, and Fine Chemicals and Other Products Business. The Elastomers Business segment offers general purpose synthetic rubbers, including emulsion polymerization styrene-butadiene (SB), solution polymerization SB, styrene, polybutadiene and isoprene rubbers, etc.; special-purpose synthetic rubbers, such as nitrile, butyl, ethylene propylene, NV and NE polymer blend rubbers, etc.; and thermoplastic elastomers comprising butadiene type TPE, hydrogenated polymer, styrene-butadiene type TPE, styrene-isoprene type TPE, olefin type TPE, etc.

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