CLSA Downgrades Konami Group (OTCMKTS:KONMY) to Underperform

Konami Group (OTCMKTS:KONMY – Get Rating) was downgraded by research analysts at CLSA from a “buy” rating to an “underperform” rating in a note issued to investors on Friday, The Fly reports.

KONMY has been the subject of a number of other reports. JPMorgan Chase & Co. lowered Konami Group from an “overweight” rating to a “neutral” rating in a research note on Wednesday, January 11th. Jefferies Financial Group downgraded Konami Group from a “buy” rating to a “hold” rating in a research report on Friday, February 3rd. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, Konami Group has an average rating of “Hold”.

Konami Group Price Performance

Shares of OTCMKTS KONMY opened at C$23.00 on Friday. The stock has a fifty day moving average price of C$23.22 and a two-hundred day moving average price of C$23.23. Konami Group has a 1 year low of C$20.68 and a 1 year high of C$34.08.

Konami Group Company Profile

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Konami Group Corporation, together with its subsidiaries, primarily engages in the digital entertainment, amusement, gaming and systems, and sports businesses. The company's Digital Entertainment Business manufactures and sells amusement machines with arcade games, computer and video games, mobile games, and card games.