Orix Corp. (NYSE:IX) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday.

According to Zacks, “ORIX CORP-ADR is a diversified financial services institution with diverse operations in both corporate and retail finance, including: leasing, lending, rentals, life insurance, real estate financing and development, venture capital, investment and retail banking, commodities funds and securities brokerage. Their international operations include leasing, rentals, fixed income investment, aircraft and ship financing, commercial mortgage servicing and property development. “

Orix Corp. (NYSE:IX) opened at 74.39 on Wednesday. The firm has a market cap of $19.48 billion, a PE ratio of 7.75 and a beta of 1.58. Orix Corp. has a one year low of $57.00 and a one year high of $77.92. The stock has a 50 day moving average price of $72.72 and a 200 day moving average price of $70.24.

About Orix Corp.

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