Breaking Finance News

Zacks Investment Research downgraded RAKUTEN INC ADR EACH REPR 1 ORD JPY0.00 (NASDAQ:RKUNY) to Hold in a report released today.

Zacks Investment Research has downgraded RAKUTEN INC ADR EACH REPR 1 ORD JPY0.00 (NASDAQ:RKUNY) to Hold in a report released on 06/08/2017.

Previously on 5/27/2017, Zacks Investment Research reported on RAKUTEN INC ADR EACH REPR 1 ORD JPY0.00 (NASDAQ:RKUNY) increased the target price from $0.00 to $14.00. At the time, this indicated a possible upside of 0.13%.

Just yesterday RAKUTEN INC ADR EACH REPR 1 ORD JPY0.00 (NASDAQ:RKUNY) traded 0.23% higher at $12.64. RAKUTEN INC ADR EACH REPR 1 ORD JPY0.00’s 50-day moving average is $11.44 and its 200-day moving average is $11.54. The last closing price is up -3.54% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 0 shares of RKUNY traded hands, down from an average trading volume of 6,868

Recent Performance Chart

RAKUTEN INC ADR EACH REPR 1 ORD JPY0.00 (NASDAQ:RKUNY)

RAKUTEN INC ADR EACH REPR 1 ORD JPY0.00 has 52 week low of $9.19 and a 52 week high of $12.87 with a PE ratio of 33.32 and has a market capitalization of $0.

Brief Synopsis On RAKUTEN INC ADR EACH REPR 1 ORD JPY0.00 (NASDAQ:RKUNY)

Rakuten, Inc. operates as an Internet service provider in Japan, the Americas, Europe, and internationally. The company operates in two segments, Internet Services and FinTech. The Internet Services segment operates various e-commerce sites, including Rakuten Books, an online book store; Rakuten Travel, an Internet travel site; Rakuten GORA, which provides online golf course reservation services; Rakuten Mobile that offers mobile virtual network operator services; and Ebates, an online cash back site, as well as engages in the business for sales of advertising on these sites. This segment also offers performance marketing services; contents distribution services, including e-books and audio books for libraries and educational institutions; cloud and IP telephone services; mobile messaging and VoIP services; video streaming services; and online sale of health-related products. In addition, it manages Tohoku Rakuten Golden Eagles, professional baseball team. The FinTech segment provides online securities trading services, Internet banking services, life insurance services, and credit cards and related services, as well as electronic payment services. The company was formerly known as MDM, Inc. and changed its name to Rakuten, Inc. in June 1999. Rakuten, Inc. was founded in 1997 and is headquartered in Tokyo, Japan.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *