Zacks Investment Research upgraded shares of Takung Art (NYSEAMERICAN:TKAT) from a sell rating to a hold rating in a research report released on Wednesday, August 29th.

According to Zacks, “Takung Art Co., Ltd. originated and manages an online trading platform for acquiring and selling shared ownership units in Asian fine art, jewelry and precious gem, through its subsidiary. Takung Art Co., Ltd. is based in Central, Hong Kong. “

NYSEAMERICAN TKAT traded down $0.06 during trading hours on Wednesday, hitting $0.91. 33,704 shares of the company’s stock traded hands, compared to its average volume of 9,859. Takung Art has a 52-week low of $0.68 and a 52-week high of $5.05.

About Takung Art

Takung Art Co, Ltd., through its subsidiaries, operates an electronic online platform for artists, art dealers, and art investors to offer and trade in valuable artwork primarily in the People's Republic of China. Its electronic online platform is located at takungae.com. The company offers online listing and trading services that allow artists/art dealers/owners to access an art trading market where they can engage with a range of investors.

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