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

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Zacks Investment Research cut shares of YAHOO JAPAN COR/ADR (OTCMKTS:YAHOY) from a buy rating to a hold rating in a research report report published 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 research note on Thursday, April 2nd.

OTCMKTS YAHOY opened at $9.83 on Friday. The stock has a market capitalization of $23.50 billion, a price-to-earnings ratio of 39.32 and a beta of 1.22. The stock’s 50 day moving average price is $8.63 and its two-hundred day moving average price is $7.75. YAHOO JAPAN COR/ADR has a 52 week low of $4.85 and a 52 week high of $10.40.

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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