Pax Global Technology (OTCMKTS:PXGYF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Tuesday.

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. “

Pax Global Technology stock opened at $0.45 on Tuesday. Pax Global Technology has a 52 week low of $0.30 and a 52 week high of $0.55.

About Pax Global Technology

PAX Global Technology Limited, an investment holding company, engages in the development and sale of electronic funds transfer point-of-sale products worldwide. It offers Smart POS, ECR, countertop, wireless, mobile, pin pad, and multilane E-payment terminals, as well as other accessories 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, QR code, IC cards, and pre-paid gift and other stored-value cards.

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