Zacks Investment Research upgraded shares of Kyocera (OTCMKTS:KYOCY) from a sell rating to a hold rating in a report issued on Wednesday morning.

According to Zacks, “Kyocera Corporation was founded in 1959 as a company specializing in the production of fine ceramic components, Kyocera has expanded its business by effectively developing and applying its ceramics technologies. The company has grown to be a world-leading manufacturer of ceramics, including custom parts and consumer products. Kyocera’s materials, components, and finished products are used in virtually all fields of industry. In addition to ceramics, products also include information, tele-communications, and Optical equipment. “

Separately, ValuEngine cut Kyocera from a buy rating to a hold rating in a research note on Thursday, October 11th.

Shares of KYOCY stock opened at $52.50 on Wednesday. Kyocera has a fifty-two week low of $49.83 and a fifty-two week high of $69.98. The stock has a market cap of $19.30 billion, a PE ratio of 26.12 and a beta of 0.92.

Kyocera Company Profile

Kyocera Corporation develops, produces, and distributes ceramic and electronic components, and telecommunications and information equipment worldwide. Its Industrial & Automotive Components Group segment offers fine ceramic components, automotive components, liquid crystal displays, and industrial tools to industrial machinery, automotive, general industrial, and construction markets.

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