Koninklijke DSM NV (OTCMKTS:RDSMY) was downgraded by Zacks Investment Research from a “buy” rating to a “sell” rating in a research note issued on Wednesday.
According to Zacks, “DSM N V ADR is involved in the Chemicals Industry. Their main focus is on base materials, performance materials, materials processing, base chemicals and fine chemicals and coating resins. They are also involved in the exploration and development of oil and natural gas deposits in the North Sea, as well as the licensing of chemical technology and know-how; in addition the company produces ingredients for bakery products. DSM is a world market leader in a number of products, including caprolactam, melamine and EPDM synthetic rubber. “
Shares of Koninklijke DSM NV (OTCMKTS:RDSMY) opened at 17.065 on Wednesday. The stock has a 50 day moving average price of $17.10 and a 200 day moving average price of $15.61. Koninklijke DSM NV has a one year low of $11.33 and a one year high of $17.88. The firm has a market cap of $11.91 billion, a price-to-earnings ratio of 39.848 and a beta of 1.44.
About Koninklijke DSM NV
Koninklijke DSM N.V. (Royal DSM) is a global science-based company, engaged in offering health, nutrition and materials. The Company’s segments include Nutrition, Performance Materials, Innovation Center and Corporate Activities. Its Nutrition segment includes DSM Nutritional Products and DSM Food Specialties.
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