Jiangsu Expressway Co Ltd (JEXYY) Downgraded by Zacks Investment Research to Hold

Zacks Investment Research lowered shares of Jiangsu Expressway Co Ltd (NASDAQ:JEXYY) from a strong-buy rating to a hold rating in a research report report published on Tuesday.

According to Zacks, “Jiangsu Expressway Company Limited engages in the investment, construction, operation, and management of toll roads and bridges. The company offers passenger transport and other services like refueling, catering, retailing, automobile repair and maintenance, advertising, and accommodation. In addition, it involves in the investment, development, and consulting of real estate properties. Jiangsu Expressway Company Limited is headquartered in Nanjing, the People’s Republic of China. “

Shares of Jiangsu Expressway Co (NASDAQ:JEXYY) opened at 30.81 on Tuesday. The company has a market cap of $7.76 billion and a P/E ratio of 14.00. Jiangsu Expressway Co has a 52 week low of $24.26 and a 52 week high of $30.50. The company’s 50-day moving average price is $29.15 and its 200 day moving average price is $28.47.

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Jiangsu Expressway Co Company Profile

Jiangsu Expressway Company Limited is a China-based company principally engaged in the investment, construction, operation and management of toll roads and bridges. The Company operates Huning Expressway, Ningchang Expressway, Zhenli Expressway, Xiyi Expressway, Guangjing Expressway and Jiangyin Bridge.

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