CSR (OTCMKTS:CSRLF) Downgraded by Macquarie to Neutral

Macquarie lowered shares of CSR (OTCMKTS:CSRLF) from an outperform rating to a neutral rating in a report issued on Monday morning, The Fly reports.

CSRLF stock traded up $0.53 during trading hours on Monday, reaching $3.22. The stock had a trading volume of 100 shares, compared to its average volume of 840. The stock has a 50-day simple moving average of $2.81 and a 200 day simple moving average of $2.71. CSR has a fifty-two week low of $2.69 and a fifty-two week high of $3.22.

About CSR

CSR Limited manufactures and supplies building products for residential and commercial construction in Australia and New Zealand. The company operates through Building Products, Glass, Aluminium, and Property segments. The Building Products segment offers lightweight systems, such as Gyprock plasterboard, Hebel autoclaved aerated concrete products, Cemintel fibre cement, Himmel Interior Systems, and Rondo rolled formed steel products; and insulation products comprising Bradford and Martini insulation, Bradford energy solutions, and Edmonds ventilation systems, as well as bricks and roofing products, and AFS walling systems.

Further Reading: Day Trading

The Fly

Analyst Recommendations for CSR (OTCMKTS:CSRLF)

Receive News & Ratings for CSR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CSR and related companies with MarketBeat.com's FREE daily email newsletter.


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit