RAKUTEN INC/ADR (OTCMKTS:RKUNY) Upgraded by ValuEngine to “Sell”

RAKUTEN INC/ADR (OTCMKTS:RKUNY) was upgraded by stock analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a note issued to investors on Friday, ValuEngine reports.

Shares of RAKUTEN INC/ADR stock traded down $0.43 on Friday, hitting $9.35. The company’s stock had a trading volume of 28,520 shares, compared to its average volume of 50,514. The firm has a fifty day moving average price of $9.62 and a 200-day moving average price of $10.21. RAKUTEN INC/ADR has a 52-week low of $6.47 and a 52-week high of $12.04. The company has a market capitalization of $12.45 billion, a P/E ratio of 9.84 and a beta of 1.71. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.60.

About RAKUTEN INC/ADR

Rakuten, Inc operates as an Internet service provider in Japan, the Americas, Europe, and internationally. The company operates in two segments, Internet Services and FinTech. The Internet Services segment operates various e-commerce sites, including Rakuten Books, an online book store; Rakuten Travel, an Internet travel site; Rakuten GORA, which provides online golf course reservation services; Rakuten Mobile that offers mobile virtual network operator services; and Ebates, an online cash back site, as well as engages in the business for sales of advertising on these sites.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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