Zacks Investment Research Upgrades Panalpina Welt Ag Unspon (PLWTY) to “Hold”
Panalpina Welt Ag Unspon (NASDAQ:PLWTY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Thursday, October 5th.
According to Zacks, “Panalpina Welttransport Holding AG engages in providing supply chain solutions. It offers freight shipping and supply chain management services. The Company transports freight by air and ship, and offers warehousing and distribution services. Panalpina’s air freight services include general, special, express, and intermodal services; and charter and emergency services. The company also offers ocean freight products comprising full container load, less-than-container load, and non-containerized load products, as well as various special services, such as dangerous goods handling, temperature controlled transportation, cargo insurance, letter of credit processing, certification and legalization of documents, food and drug administration filing, and advanced cargo information filing. It provides logistics services, including inbound, warehousing, production, distribution, and aftermarket services. Panalpina Welttransport Holding AG is headquartered in Basel, Switzerland. “
Panalpina Welt Ag Unspon (NASDAQ PLWTY) traded up 7.34% on Thursday, reaching $27.65. The firm has a market capitalization of $3.28 billion and a price-to-earnings ratio of 49.96. Panalpina Welt Ag Unspon has a 52-week low of $24.70 and a 52-week high of $27.65. The firm has a 50 day moving average of $27.65 and a 200 day moving average of $27.65.
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