Panasonic Co. (NASDAQ:PCRFY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Tuesday.

According to Zacks, “PANASONIC CORPORATION is a worldwide leader in the development and manufacture of electronic products for a wide range of consumer, business, and industrial needs. The company’s shares are listed on the Tokyo, Osaka, Nagoya and New York stock exchanges. “

Panasonic (NASDAQ:PCRFY) opened at 9.48 on Tuesday. The company has a 50 day moving average of $0.00 and a 200-day moving average of $0.00. Panasonic has a one year low of $7.13 and a one year high of $11.64.

About Panasonic

Panasonic Corporation is engaged in the development of diverse electronics technologies and solutions. The Company operates through five segments: Appliances, Eco Solutions, AVC Networks, Automotive & Industrial Systems, and Other. The Appliances segment is engaged in the development, manufacture and sale of consumer electronics, air-conditioners, cold chain and devices.

5 Day Chart for NASDAQ:PCRFY

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