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Inditex (OTCMKTS:IDEXY) has been downgraded from Overweight to Equal-Weight in a statement by Morgan Stanley earlier today.

Having a price of $19.48, Inditex (OTCMKTS:IDEXY) traded 0.31% higher on the day. With the last stock price up 2.27% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.04% over the same period. IDEXY has recorded a 50-day average of $19.55 and a two hundred day average of $19.11. Trade Volume was down over the average, with 5,381 shares of IDEXY changing hands under the typical 103,272

Morgan Stanley has downgraded Inditex (OTCMKTS:IDEXY) from Overweight to Equal-Weight in a statement released on Tuesday September 19, 2017.

Recent Performance Chart

Inditex (OTCMKTS:IDEXY)

Inditex has PE ratio of 31.24 with a one year low of $15.79 and a one year high of $20.80 and has a market capitalization of $0.

General Company Details For Inditex (OTCMKTS:IDEXY)

Industria de Diseño Textil, S.A. engages in the retail and on-line distribution of clothing, footwear, accessories and household textile products through various store formats in Spain, rest of Europe, the Americas, Asia, and internationally. The company’s store formats include Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, and Uterqüe. It operates 7,292 stores in 93 markets; and online stores in 41 markets. The company also engages in the textile manufacturing, design, real estate, and logistic activities; and provision of financial services. Industria de Diseño Textil, S.A. was founded in 1963 and is based in Arteixo, Spain.

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