Capitol Acquisition Corp. III (NYSE:CISN) was downgraded by Zacks Investment Research from a “buy” rating to a “sell” rating in a report released on Friday.

According to Zacks, “Cision Ltd. operates as a software company. Its product portfolio consists of PR Software, Social Software, Government Relations and PAC Software, PRWeb and Help a reporter out. The company serves industries which include Pharmaceuticals and Bio-Tech, Banking, Technology, Travel and Hospitality. Cision Ltd, formerly known as Capitol Acquisition Corp. III, is based in Chicago, United States of America. “

Other analysts have also issued reports about the stock. Deutsche Bank AG initiated coverage on shares of Capitol Acquisition Corp. III in a research note on Monday, July 31st. They set a “buy” rating and a $16.00 price objective for the company. Citigroup Inc. initiated coverage on shares of Capitol Acquisition Corp. III in a research note on Friday, July 28th. They issued a “buy” rating and a $13.00 price target for the company. Finally, Credit Suisse Group lifted their price target on shares of Capitol Acquisition Corp. III from $14.00 to $16.00 and gave the stock an “outperform” rating in a research note on Monday, September 25th.

Capitol Acquisition Corp. III (CISN) traded down $0.01 during trading hours on Friday, reaching $11.27. 162,620 shares of the company’s stock were exchanged, compared to its average volume of 381,793. The company has a debt-to-equity ratio of 3.43, a current ratio of 0.82 and a quick ratio of 3.64. Capitol Acquisition Corp. III has a 1-year low of $9.85 and a 1-year high of $13.68.

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