Jiangsu Expressway Co Ltd (JEXYY) Rating Increased to Hold at Zacks Investment Research

Jiangsu Expressway Co Ltd (NASDAQ:JEXYY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Monday. 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 […]

Jiangsu Expressway Co Ltd (NASDAQ:JEXYY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Monday.

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. “

Jiangsu Expressway Co (NASDAQ:JEXYY) remained flat at $29.29 on Monday. Jiangsu Expressway Co has a 12-month low of $21.37 and a 12-month high of $29.29. The stock has a market cap of $7.38 billion and a PE ratio of 18.78. The company has a 50 day moving average price of $28.18 and a 200-day moving average price of $26.21.

Jiangsu Expressway Company Limited is principally engaged in investment, construction, operation and management of toll roads and bridges. Apart from the Shanghai-Nanjing Expressway, the Company also owns the entire or partial interests of other toll roads and bridges located in the Jiangsu Province, including G312, Nanjing-Lianyungang Highway, Xicheng Expressway, Guangjing Expressway, Jiangyin Yangtze Bridge and Sujiahang Expressway.

Source: Jiangsu Expressway Co Ltd (JEXYY) Rating Increased to Hold at Zacks Investment Research

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