Gree Inc (GREZF) Cut to Hold at Zacks Investment Research

Zacks Investment Research downgraded shares of Gree Inc (NASDAQ:GREZF) from a buy rating to a hold rating in a research report report published on Wednesday.

According to Zacks, “Gree, Inc. operates as a social network service. The company’s business consists of Games, Commerce and Lifestyle, Community and Media, Advertising and Online Video as well as Investment. Gree, Inc. is headquartered in Tokyo, Japan. “

Gree (GREZF) opened at 9.09 on Wednesday. The stock has a market cap of $2.14 billion and a price-to-earnings ratio of 14.71. The firm’s 50-day moving average is $8.28 and its 200 day moving average is $6.25. Gree has a 52 week low of $5.25 and a 52 week high of $9.09.

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