Casio Computer (OTCMKTS:CHYCY) Downgraded to “Hold” at Jefferies Financial Group

Casio Computer (OTCMKTS:CHYCY) was downgraded by equities researchers at Jefferies Financial Group from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday, The Fly reports.

Separately, JPMorgan Chase & Co. lowered shares of Casio Computer from a “neutral” rating to an “underweight” rating in a research note on Thursday, February 13th.

Shares of CHYCY stock opened at $3.40 on Wednesday. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.84 and a current ratio of 1.10.

Casio Computer Company Profile

Chiyoda Corporation operates as an integrated engineering company in Japan, Australia, the United States, Russia, and internationally. The company offers consulting, planning, engineering, procurement, construction, commissioning, and maintenance services for facilities related to gas, electricity, petroleum, petrochemical, chemical, pharmaceutical, antipollution, environment, preservation, and others.

Further Reading: What does a neutral rating on stocks mean?

The Fly

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