Xinyi Glass (OTCMKTS:XYIGF) Lifted to Hold at Zacks Investment Research

Xinyi Glass (OTCMKTS:XYIGFGet Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Thursday, reports.

According to Zacks, “Xinyi Glass Holdings Limited is a manufacturer of glass product. The company’s product consists of float glass, automobile glass, engineering glass and electronic Glass. It serves automobile as well as construction sector. Xinyi Glass Holdings Limited is headquartered in Hong Kong. “

XYIGF has been the subject of several other research reports. HSBC lowered shares of Xinyi Glass from a “buy” rating to a “hold” rating in a research report on Wednesday. Jefferies Financial Group lowered shares of Xinyi Glass from a “hold” rating to an “underperform” rating in a report on Wednesday, March 2nd.

OTCMKTS XYIGF opened at $2.14 on Thursday. Xinyi Glass has a 52 week low of $2.14 and a 52 week high of $4.37. The company has a 50-day moving average price of $2.51 and a 200-day moving average price of $2.58.

Xinyi Glass Company Profile (Get Rating)

Xinyi Glass Holdings Limited, an investment holding company, produces and sells automobile, construction, float, and other glass products for commercial and industrial applications. The company operates through three segments: Float Glass, Automobile Glass, and Architectural Glass. It is also involved in the manufacturing and sale of automobile rubber and plastic components, as well as electronic glass; trading of automobile glass; and research and trading of glass.

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