EVRAZ (EVRZF) Downgraded by Zacks Investment Research

Zacks Investment Research downgraded shares of EVRAZ (OTCMKTS:EVRZF) from a hold rating to a sell rating in a research report released on Wednesday.

According to Zacks, “EVRAZ plc is involved in integrated steel, mining and vanadium business. The company’s principal activities consists of manufacturing steel and steel products, Iron ore mining and enrichment , Coal mining, Manufacturing vanadium products as well as trading operations and logistics. It operates primarily in the Russian Federation, Ukraine, USA, Canada, Czech Republic, Italy, Kazakhstan and South Africa. EVRAZ plc is based in London, the United Kingdom. “

Separately, ValuEngine raised EVRAZ from a strong sell rating to a sell rating in a research report on Wednesday, January 2nd.

OTCMKTS:EVRZF opened at $7.45 on Wednesday. EVRAZ has a 12 month low of $5.50 and a 12 month high of $7.45.

About EVRAZ

EVRAZ plc, together with its subsidiaries, produces and distributes steel and related products. The company operates through four segments: Steel; Steel, North America; Coal; and Other Operations. Its products include construction products, industrial products, railway products, vanadium products, and pipes, as well as raw materials, such as iron ore, coal, and limestone products.

Further Reading: Average Daily Trade Volume – What You Need to Know

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