YAHOO JAPAN COR/ADR (OTCMKTS:YAHOY) Downgraded by Zacks Investment Research to “Hold”

Zacks Investment Research lowered shares of YAHOO JAPAN COR/ADR (OTCMKTS:YAHOY) from a buy rating to a hold rating in a research note issued to investors on Saturday morning, Zacks.com reports.

According to Zacks, “Z Holdings Corporation engages in media and commerce businesses through its subsidiaries. The company’s Media Business segment offers Internet-based advertising-related services, such as paid search, display advertising and other advertising related services, information listing services and other corporate services. The Commerce Business segment provides e-commerce related, membership, and settlement and finance related services. Z Holdings Corporation, formerly known as Yahoo Japan Cp, is based in Tokyo, Japan. “

Separately, ValuEngine upgraded YAHOO JAPAN COR/ADR from a sell rating to a hold rating in a report on Thursday, April 2nd.

YAHOY stock opened at $9.83 on Friday. YAHOO JAPAN COR/ADR has a twelve month low of $4.85 and a twelve month high of $10.40. The stock’s 50 day moving average is $8.63 and its 200-day moving average is $7.75. The firm has a market capitalization of $23.50 billion, a PE ratio of 39.32 and a beta of 1.22.

About YAHOO JAPAN COR/ADR

Yahoo Japan Corporation, together with its subsidiaries, provides search advertising and e-commerce services to Internet users in Japan. It operates through two segments, Media Business and Commerce Business. The Media Business segment offers Internet-based advertising-related services, such as paid search, display advertising, and other advertising related services; information listing services; and data center-related and other corporate services.

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