LIXIL (OTCMKTS:JSGRY) Trading Up 1% – Time to Buy?

LIXIL Co. (OTCMKTS:JSGRY) shot up 1% during mid-day trading on Wednesday . The stock traded as high as $20.46 and last traded at $20.46. 706 shares traded hands during mid-day trading, a decline of 57% from the average session volume of 1,647 shares. The stock had previously closed at $20.25.

Analyst Ratings Changes

Separately, The Goldman Sachs Group downgraded shares of LIXIL from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, LIXIL currently has a consensus rating of “Hold”.

LIXIL Trading Up 1.0%

The firm’s 50 day moving average price is $21.59 and its two-hundred day moving average price is $22.69.

LIXIL Company Profile

LIXIL (OTCMKTS: JSGRY) is a Japan-based manufacturer and supplier of building materials and housing equipment. The company’s core product range includes kitchen and bathroom fixtures, plumbing fittings, faucets, toilets and bathtubs, as well as doors, windows and exterior building products. Through its integrated design and manufacturing capabilities, LIXIL delivers both standard and customized solutions for residential, commercial and public sector projects.

The company operates a portfolio of well-known brands, including INAX, American Standard, GROHE and Permasteelisa, reflecting its global footprint in water technology and building systems.