BR Malls Participacoes (OTCMKTS:BRMSY) Lowered to “Sell” at ValuEngine

ValuEngine downgraded shares of BR Malls Participacoes (OTCMKTS:BRMSY) from a hold rating to a sell rating in a research report report published on Wednesday morning, ValuEngine reports.

Shares of OTCMKTS:BRMSY traded up $0.86 during trading on Wednesday, reaching $6.96. 4,800 shares of the company traded hands, compared to its average volume of 262. The company’s 50 day moving average is $6.54 and its two-hundred day moving average is $6.82. The firm has a market capitalization of $2.93 billion, a PE ratio of 11.73 and a beta of 0.87. The company has a quick ratio of 2.57, a current ratio of 2.57 and a debt-to-equity ratio of 0.23. BR Malls Participacoes has a 52 week low of $5.25 and a 52 week high of $9.12.

About BR Malls Participacoes

BR Malls Participações SA operates as a shopping mall company in Brazil. It also manages parking lot operation. As of March 16, 2018, it owned a portfolio of 39 malls comprising 1,445.5 thousand square meters of gross leasable area and 877.1 thousand square meters of gross leasable area. The company was founded in 1949 and is headquartered in Rio de Janeiro, Brazil.

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