Zacks Investment Research downgraded shares of Kao Corp. (OTCMKTS:KCRPY) from a buy rating to a hold rating in a research note issued to investors on Saturday morning.

According to Zacks, “KAO Corp ADR, based in Japan, is a leading global company in consumer products for personal and home care. “

Kao Corp. (OTCMKTS KCRPY) opened at 58.65 on Friday. Kao Corp. has a 52 week low of $44.19 and a 52 week high of $65.50. The stock has a market cap of $28.90 billion, a P/E ratio of 23.65 and a beta of 0.49. The stock has a 50 day moving average price of $61.56 and a 200-day moving average price of $59.28.

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Kao Corp. Company Profile

Kao Corporation is engaged in the consumer product business and the chemical business. The Company operates through four segments: the Beauty Care Business, the Human Health Care Business, the Fabric and Home Care Business (collectively, the Consumer Products business), and the Chemical business. The Beauty Care Business segment manufactures and sells cosmetics, skin care and hair care products.

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