BARLOWORLD LTD/ADR (OTCMKTS:BRRAY) Cut to Sell at Zacks Investment Research

Zacks Investment Research lowered shares of BARLOWORLD LTD/ADR (OTCMKTS:BRRAY) from a hold rating to a sell rating in a report released on Tuesday morning, Zacks.com reports.

According to Zacks, “Barlow LTD is an international industrial brand management company that achieves durability in business through long-term value creation. Barlow represents many of the world’s greatest brands in the marketplace. They provide the vital link between manufacturer and customer. They add value through sales, deliver after-market support and provide total solutions to their customers’ needs. Their brands include Caterpillar, Hyster, Perkins, Ditch Witch and many of the world’s leading automotive brands. “

Separately, ValuEngine upgraded BARLOWORLD LTD/ADR from a sell rating to a hold rating in a research note on Thursday, October 31st.

Shares of BRRAY stock traded down $0.10 on Tuesday, hitting $8.88. The company had a trading volume of 918 shares, compared to its average volume of 2,180. The company has a 50-day moving average price of $8.11 and a 200-day moving average price of $8.65. BARLOWORLD LTD/ADR has a twelve month low of $7.07 and a twelve month high of $10.76. The firm has a market cap of $1.78 billion, a P/E ratio of 10.09, a price-to-earnings-growth ratio of 1.31 and a beta of 1.74.

BARLOWORLD LTD/ADR Company Profile

Barloworld Limited distributes products that provide integrated rental, fleet management, product support, and logistics solutions in South Africa, rest of Africa, the Middle East, and Russia. The company operates through Equipment, Automotive, and Logistics divisions. It offers short-term vehicle rental services; long-term vehicle lease and fleet management services to operators of passenger and commercial vehicles; and bulk used vehicle disposal solutions and other digital services.

Further Reading: Oversold

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