Blue Moon Group (OTC:BLUMY) Coverage Initiated by Analysts at The Goldman Sachs Group

The Goldman Sachs Group assumed coverage on shares of Blue Moon Group (OTC:BLUMYGet Rating) in a research note issued to investors on Tuesday morning, The Fly reports. The firm issued a neutral rating on the stock.

Separately, HSBC lowered Blue Moon Group from a hold rating to a reduce rating in a research report on Monday, August 29th.

Blue Moon Group Stock Performance

Shares of BLUMY opened at $6.83 on Tuesday. Blue Moon Group has a 1 year low of $6.70 and a 1 year high of $11.25. The stock’s 50-day moving average is $6.83.

Blue Moon Group Company Profile

(Get Rating)

Blue Moon Group Holdings Limited engages in the research, design, development, manufacture, and sale of personal hygiene, home care, and fabric care products in China. It offers fabric care products, including machine wash laundry, pre-wash treatment, underwear laundry, hand wash, strain removers, and fabric softeners, as well as baby liquid laundry detergents; personal hygiene products comprising liquid soaps; toilet and bathroom cleaners; and general home care products, such as anti-mould cleansers, washing machine cleaners, floor cleaners, bleaches, glass cleaners, multi-surface cleaners, and rust cleaners; and antiseptic disinfectant liquids.

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