Sun Art Retail Group (OTCMKTS:SURRY) Downgraded to “Hold” at Jefferies Financial Group

Jefferies Financial Group cut shares of Sun Art Retail Group (OTCMKTS:SURRY – Get Rating) from a buy rating to a hold rating in a report published on Thursday morning, The Fly reports.

Sun Art Retail Group Stock Performance

Shares of OTCMKTS:SURRY opened at $2.86 on Thursday. Sun Art Retail Group has a 52-week low of $1.49 and a 52-week high of $4.29. The business has a 50-day moving average price of $3.72 and a 200-day moving average price of $3.38.

About Sun Art Retail Group

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Sun Art Retail Group Limited, an investment holding company, operates brick-and-mortar stores and online sales channels in the People's Republic of China. It operates hypermarkets, superstores, and mini stores under RT-Mart, RT-Super, and RT-Mini names. As of March 31, 2022, it had a total of 490 hypermarkets, nine superstores, and 103 mini stores.