RAKUTEN INC/ADR (OTCMKTS:RKUNY) Cut to Sell at ValuEngine

ValuEngine cut shares of RAKUTEN INC/ADR (OTCMKTS:RKUNY) from a hold rating to a sell rating in a report issued on Wednesday morning, ValuEngine reports.

RKUNY opened at $8.46 on Wednesday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.60. The firm has a 50 day moving average price of $9.14 and a 200-day moving average price of $9.94. RAKUTEN INC/ADR has a twelve month low of $6.47 and a twelve month high of $12.04. The stock has a market capitalization of $11.36 billion, a price-to-earnings ratio of 8.91 and a beta of 1.63.

RAKUTEN INC/ADR Company Profile

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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