LIXIL (OTCMKTS:JSGRY) Trading 0.3% Higher – Still a Buy?

LIXIL Co. (OTCMKTS:JSGRY)’s share price was up 0.3% during mid-day trading on Wednesday . The stock traded as high as $24.62 and last traded at $23.74. Approximately 522 shares changed hands during trading, a decline of 3% from the average daily volume of 538 shares. The stock had previously closed at $23.68.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group lowered shares of LIXIL from a “buy” rating to a “neutral” rating in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

LIXIL Trading Up 0.3%

The company’s 50-day moving average is $23.46 and its 200-day moving average is $23.75.

LIXIL Company Profile

LIXIL (OTCMKTS: JSGRY) is a Japan-based manufacturer and supplier of building materials and housing equipment. The company’s core product range includes kitchen and bathroom fixtures, plumbing fittings, faucets, toilets and bathtubs, as well as doors, windows and exterior building products. Through its integrated design and manufacturing capabilities, LIXIL delivers both standard and customized solutions for residential, commercial and public sector projects.

The company operates a portfolio of well-known brands, including INAX, American Standard, GROHE and Permasteelisa, reflecting its global footprint in water technology and building systems.