Signify (OTCMKTS:PHPPY) Rating Reiterated by Morgan Stanley

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Signify (OTCMKTS:PHPPY)‘s stock had its “underweight” rating reiterated by stock analysts at Morgan Stanley in a research note issued to investors on Tuesday, The Fly reports.

Separately, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Signify in a report on Monday, February 1st.

PHPPY remained flat at $$28.39 on Tuesday. 60 shares of the company’s stock traded hands, compared to its average volume of 1,908. Signify has a twelve month low of $8.97 and a twelve month high of $28.39. The firm has a 50-day moving average price of $25.90.

Signify Company Profile

Signify N.V., together with its subsidiaries, develops, manufactures, and sells lighting products in Europe, the Americas, and internationally. It operates through Digital Solutions, Digital Products, and Conventional Products segments. The company offers light-emitting diode (LED) and conventional luminaires, systems, and services for various market segments comprising offices, commercial buildings, shops, hospitality, industry, and outdoor environments that include smart cities.

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