Shiseido (OTCMKTS:SSDOY) Cut to “Sell” at Zacks Investment Research

Shiseido (OTCMKTS:SSDOY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Tuesday, Zacks.com reports.

According to Zacks, “SHISEIDO CO., LTD. is a Japan-based company engaged in the manufacturing and sale of cosmetics, toiletries, beauty products, health foods, beauty foods and pharmaceuticals. The Company operates in three business segments. The Domestic Cosmetics segment offers cosmetics, toiletries, beauty products, health foods, beauty foods and pharmaceuticals to the domestic market, as well as provides mail order service. The Overseas Cosmetic segment offers cosmetics, toiletries and beauty products to overseas markets. The Others segment is engaged in the the manufacture and sale of cosmetics materials, pharmaceuticals for medical uses and aesthetic medical cosmetics, the sale of clothing and miscellaneous goods, the management and sale of real estates, as well as the restaurant business. “

Several other analysts also recently commented on the company. JPMorgan Chase & Co. downgraded Shiseido from an “overweight” rating to a “neutral” rating in a research note on Tuesday, November 26th. ValuEngine cut Shiseido from a “buy” rating to a “hold” rating in a research note on Wednesday, September 4th.

SSDOY opened at $72.77 on Tuesday. The company has a quick ratio of 0.92, a current ratio of 1.37 and a debt-to-equity ratio of 0.15. Shiseido has a 12 month low of $54.77 and a 12 month high of $84.80. The company has a fifty day simple moving average of $77.10 and a 200 day simple moving average of $77.07. The stock has a market cap of $28.94 billion, a P/E ratio of 48.19, a P/E/G ratio of 1.97 and a beta of 0.62.

About Shiseido

Shiseido Company, Limited engages in the production and sale of cosmetics in Japan and internationally. It also produces and sells health and beauty foods, and over-the-counter drugs; and hair and beauty salon products, as well as fragrances and body care products. In addition, the company operates beauty salons and restaurants.

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