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.


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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