Pax Global Technol (OTCMKTS:PXGYF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday.

According to Zacks, “PAX Global Technology Ltd. is a provider of electronic funds transfer point of sales terminal solution. PAX Global Technology Ltd. is headquareted in Wanchai, Hong Kong. “

Shares of Pax Global Technol (OTCMKTS PXGYF) opened at $0.52 on Wednesday. Pax Global Technol has a twelve month low of $0.40 and a twelve month high of $0.70.

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About Pax Global Technol

PAX Global Technology Limited, an investment holding company, engages in the development and sale of electronic funds transfer point-of-sale (E-payment Terminal) products, and provision of related services in the People’s Republic of China and internationally. It offers countertop and mobile E-payment Terminal to process a range of electronic payment types, including signature and PIN-based debit cards, credit cards, contactless/radio frequency identification cards, RF-enabled mobile phones, IC cards, and pre-paid gift and other stored-value cards.

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