Pola Orbis (PORBF) Downgraded by Zacks Investment Research to “Hold”

Zacks Investment Research downgraded shares of Pola Orbis (OTCMKTS:PORBF) from a buy rating to a hold rating in a report released on Wednesday morning.

According to Zacks, “POLA Orbis Holdings Inc. develops, manufactures and sells cosmetics and related products primarily in Japan and internationally. It offers cosmetics; skincare products; health foods and fashion items. The company’s brand portfolio includes Jurlique, H2O, POLA, ORBIS, ORLANE, THREE and Decencia. POLA Orbis Holdings Inc. is headquartered in Tokyo, Japan. “

Shares of Pola Orbis (OTCMKTS:PORBF) traded down $0.54 on Wednesday, hitting $36.65. The stock had a trading volume of 606 shares, compared to its average volume of 135. The firm has a market cap of $8,521.57 and a P/E ratio of 39.15. Pola Orbis has a fifty-two week low of $23.18 and a fifty-two week high of $93.71.

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