RAKUTEN INC/ADR (OTCMKTS:RKUNY) Raised to Sell at ValuEngine

ValuEngine upgraded shares of RAKUTEN INC/ADR (OTCMKTS:RKUNY) from a strong sell rating to a sell rating in a research note issued to investors on Friday morning, ValuEngine reports.

RAKUTEN INC/ADR stock traded down $0.15 during trading hours on Friday, reaching $9.20. 19,133 shares of the company were exchanged, compared to its average volume of 50,370. The firm has a market cap of $12.45 billion, a price-to-earnings ratio of 9.68 and a beta of 1.71. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.60. The stock has a 50-day moving average of $9.60 and a 200 day moving average of $10.20. RAKUTEN INC/ADR has a 12 month low of $6.47 and a 12 month high of $12.04.

About RAKUTEN INC/ADR

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.

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