KONINKLIJKE VOP/ADR (OTCMKTS:VOPKY) Lowered to “Hold” at Zacks Investment Research

Zacks Investment Research cut shares of KONINKLIJKE VOP/ADR (OTCMKTS:VOPKY) from a strong-buy rating to a hold rating in a report released on Thursday morning, Zacks.com reports.

According to Zacks, “Koninklijke Vopak NV is a tank terminal operator. The company is engaged in the storage and handling of oil products, liquid chemicals, gases, bio fuels and vegetable oils. It operates primarily in Netherlands, Europe, Middle East and Africa; Asia; Americas and Global LNG. Koninklijke Vopak NV is based in Rotterdam, Netherlands. “

Other research analysts have also recently issued research reports about the company. ValuEngine cut KONINKLIJKE VOP/ADR from a sell rating to a strong sell rating in a research report on Thursday, September 26th. Jefferies Financial Group upgraded KONINKLIJKE VOP/ADR from a hold rating to a buy rating in a research report on Friday, September 20th.

VOPKY stock traded down $0.60 during trading hours on Thursday, hitting $54.22. 520 shares of the stock were exchanged, compared to its average volume of 650. The firm has a market capitalization of $7.09 billion, a P/E ratio of 20.23 and a beta of 0.59. The company has a 50-day simple moving average of $53.98 and a two-hundred day simple moving average of $48.39. KONINKLIJKE VOP/ADR has a 12 month low of $40.29 and a 12 month high of $57.64.

KONINKLIJKE VOP/ADR Company Profile

Koninklijke Vopak N.V., an independent tank storage company, stores and handles liquid chemicals, gases, oil products, biofuels, and vegetable oils worldwide. It owns and operates specialized facilities, including product tanks, jetties, truck loading stations, and pipelines, as well as provides access to road and rail networks.

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