Industria de Diseno Textil SA (OTC:IDEXY) was downgraded by investment analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating in a report released on Tuesday.

IDEXY has been the topic of several other research reports. Bank of America Corporation downgraded shares of Industria de Diseno Textil SA from a “buy” rating to a “neutral” rating in a report on Wednesday, September 13th. Berenberg Bank lowered shares of Industria de Diseno Textil SA from a “buy” rating to a “hold” rating in a research report on Thursday, June 15th.

Shares of Industria de Diseno Textil SA (OTC:IDEXY) traded up 0.46% during trading on Tuesday, hitting $19.57. 21,929 shares of the stock traded hands. The company has a market cap of $121.83 billion, a PE ratio of 31.29 and a beta of 0.85. Industria de Diseno Textil SA has a one year low of $15.79 and a one year high of $20.80. The firm has a 50 day moving average price of $19.55 and a 200-day moving average price of $19.11.

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About Industria de Diseno Textil SA

Industria de Diseño Textil, SA engages in the retail and on-line distribution of clothing, footwear, accessories and household textile products through various store formats in Spain, rest of Europe, the Americas, Asia, and internationally. The company’s store formats include Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, and Uterqüe.

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