EVRAZ (OTCMKTS:EVRZF) Downgraded by Zacks Investment Research

Zacks Investment Research downgraded shares of EVRAZ (OTCMKTS:EVRZF) from a hold rating to a sell rating in a research report.

According to Zacks, “EVRAZ plc is involved in integrated steel, mining and vanadium business. The company’s principal activities consists of manufacturing steel and steel products, Iron ore mining and enrichment , Coal mining, Manufacturing vanadium products as well as trading operations and logistics. It operates primarily in the Russian Federation, Ukraine, USA, Canada, Czech Republic, Italy, Kazakhstan and South Africa. EVRAZ plc is based in London, the United Kingdom. ”

Separately, JPMorgan Chase & Co. raised shares of EVRAZ from an underweight rating to a neutral rating in a report on Tuesday, December 17th. Four investment analysts have rated the stock with a sell rating and two have issued a hold rating to the company. EVRAZ has a consensus rating of Sell and an average price target of $9.00.

Shares of OTCMKTS EVRZF opened at $5.10 on Thursday. The company has a quick ratio of 0.94, a current ratio of 1.67 and a debt-to-equity ratio of 1.90. The firm’s 50-day moving average price is $4.74 and its two-hundred day moving average price is $6.27. EVRAZ has a 52-week low of $4.40 and a 52-week high of $8.95. The stock has a market capitalization of $7.36 billion, a P/E ratio of 3.09 and a beta of 0.11.

EVRAZ Company Profile

EVRAZ plc, together with its subsidiaries, produces and distributes steel and related products. The company operates through four segments: Steel; Steel, North America; Coal; and Other Operations. Its products include construction products, industrial products, railway products, vanadium products, and pipes, as well as raw materials, such as iron ore, coal, and limestone products.