Ferro Corporation (NYSE:FOE) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: November 29, 2016
Having a price of $14.60, Ferro Corporation (NYSE:FOE) traded -1.48% lower on the day. With the last stock price up 7.68% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. FOE has recorded a 50-day average of $13.81 and a two hundred day average of $13.56. Trade Volume was down over the average, with 412,830 shares of FOE changing hands under the typical 505,642
Zacks Investment Research has downgraded Ferro Corporation (NYSE:FOE) to Hold in a statement released on Tuesday November 29, 2016.
On 1/21/2016, Deutsche Bank released a statement about Ferro Corporation (NYSE:FOE) dropped the target price from $14.00 to $13.00 that suggested an upside of 0.46%.
Recent Performance Chart
Ferro Corporation has PE ratio of 24.58 with a one year low of $8.47 and a one year high of $15.35 and has a market capitalization of $0.
General Company Details For Ferro Corporation (NYSE:FOE)
Ferro Corporation (Ferro) produces performance materials for a range of manufacturers in diversified industries throughout the world. The Company uses inorganic and organic chemical processes, polymer science and materials science to develop and produce these performance materials. The Company's segments include Performance Coatings; Performance Colors and Glass, and Pigments, Powders and Oxides. The Company produces its products primarily in the Europe-Middle East region, the United States, the Asia-Pacific region and Latin America. The Company sells its products directly to customers and through the use of agents or distributors throughout the world. The Company operates approximately 40 facilities around the world that manufacture various types of performance materials, including frits, porcelain and other glass enamels, glazes, stains, decorating colors, pigments, inks, polishing materials, specialty dielectrics, electronic glasses and other specialty coatings.
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