Barloworld (OTCMKTS:BRRAY) Upgraded to Hold by Zacks Investment Research

Zacks Investment Research upgraded shares of Barloworld (OTCMKTS:BRRAYGet Rating) from a sell rating to a hold rating in a report issued on Tuesday morning, reports.

According to Zacks, “Barlow LTD is an international industrial brand management company that achieves durability in business through long-term value creation. Barlow represents many of the world’s greatest brands in the marketplace. They provide the vital link between manufacturer and customer. They add value through sales, deliver after-market support and provide total solutions to their customers’ needs. Their brands include Caterpillar, Hyster, Perkins, Ditch Witch and many of the world’s leading automotive brands. “

Barloworld stock opened at $6.99 on Tuesday. The stock has a 50-day moving average price of $7.11 and a 200 day moving average price of $8.37. Barloworld has a 52 week low of $6.20 and a 52 week high of $10.19. The company has a current ratio of 1.52, a quick ratio of 1.10 and a debt-to-equity ratio of 0.04.

Barloworld Company Profile (Get Rating)

Barloworld Limited operates as an industrial processing, distribution, and services company. The company offers industrial equipment and services comprising business-to-business sales, servicing, rebuilding, and salvaging of earthmoving equipment, industrial services, and power systems that enable various mining, construction, and power solutions.

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