WM MORRISON SUP/ADR (OTCMKTS:MRWSY) Lowered to Sell at Zacks Investment Research

Zacks Investment Research downgraded shares of WM MORRISON SUP/ADR (OTCMKTS:MRWSY) from a hold rating to a sell rating in a research note released on Tuesday, Zacks.com reports.

According to Zacks, “Wm Morrison Supermarkets PLC is engaged in the operation of food retailing primarily in the United Kingdom. It manufactures and distributes meat, fish, bakery, fruit and veg, deli and flowers. Wm Morrison Supermarkets PLC is based in Bradford, the United Kingdom. “

Separately, ValuEngine raised WM MORRISON SUP/ADR from a sell rating to a hold rating in a research report on Thursday, August 8th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of $17.00.

Shares of MRWSY opened at $11.14 on Tuesday. The stock has a 50-day moving average of $11.71 and a two-hundred day moving average of $13.46. WM MORRISON SUP/ADR has a one year low of $10.65 and a one year high of $17.43. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.19 and a current ratio of 0.41. The stock has a market cap of $5.26 billion, a P/E ratio of 12.95, a P/E/G ratio of 1.91 and a beta of 0.73.

About WM MORRISON SUP/ADR

Wm Morrison Supermarkets PLC operates retail super stores under the Morrisons brand name in the United Kingdom. The company is involved in in-store and online grocery retailing activities. It also manufactures and distributes fresh food, and morning goods and bread; prepares and supplies seafood; processes fresh meat; invests in, develops, and maintains properties; and offers insurance and leasing services, as well as holds pharmaceutical license.

Further Reading: Stock Symbols and CUSIP Explained

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