Shiseido (OTCMKTS:SSDOY) Cut to Sell at Zacks Investment Research

Zacks Investment Research downgraded shares of Shiseido (OTCMKTS:SSDOY) from a hold rating to a sell rating in a research report released on Tuesday morning, Zacks.com reports.

According to Zacks, “SHISEIDO CO., LTD. is a Japan-based company engaged in the manufacturing and sale of cosmetics, toiletries, beauty products, health foods, beauty foods and pharmaceuticals. The Company operates in three business segments. The Domestic Cosmetics segment offers cosmetics, toiletries, beauty products, health foods, beauty foods and pharmaceuticals to the domestic market, as well as provides mail order service. The Overseas Cosmetic segment offers cosmetics, toiletries and beauty products to overseas markets. The Others segment is engaged in the the manufacture and sale of cosmetics materials, pharmaceuticals for medical uses and aesthetic medical cosmetics, the sale of clothing and miscellaneous goods, the management and sale of real estates, as well as the restaurant business. “

Several other brokerages have also recently weighed in on SSDOY. ValuEngine cut Shiseido from a buy rating to a hold rating in a research report on Wednesday, September 4th. JPMorgan Chase & Co. lowered Shiseido from an overweight rating to a neutral rating in a research report on Tuesday, November 26th.

Shares of SSDOY stock opened at $69.39 on Tuesday. Shiseido has a 52-week low of $54.77 and a 52-week high of $84.80. The company has a quick ratio of 0.92, a current ratio of 1.37 and a debt-to-equity ratio of 0.15. The stock has a market cap of $28.84 billion, a PE ratio of 45.95, a price-to-earnings-growth ratio of 1.97 and a beta of 0.62. The business has a 50-day simple moving average of $76.59 and a 200-day simple moving average of $77.01.

Shiseido Company Profile

Shiseido Company, Limited engages in the production and sale of cosmetics in Japan and internationally. It also produces and sells health and beauty foods, and over-the-counter drugs; and hair and beauty salon products, as well as fragrances and body care products. In addition, the company operates beauty salons and restaurants.

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