Carillion (NASDAQ:CIOIF) Lowered to “Sell” at Zacks Investment Research

Zacks Investment Research lowered shares of Carillion (NASDAQ:CIOIF) from a hold rating to a sell rating in a research report released on Thursday, October 5th.

According to Zacks, “Carillion plc provides an integrated support services company. The company’s service consists of support services, project finance and construction services. Support services provides maintenance, facilities management, energy and infrastructure services for roads, railways and utility networks, notably telecommunications and power transmission and distribution, and remote site accommodation services. Project finance arranges the funding for Public Private Partnership projects. It operates primarily in the United Kingdom, the Middle East and North Africa, Canada and the rest of the world. Carillion plc is headquartered in Wolverhampton, the United Kingdom. “

Carillion (NASDAQ CIOIF) opened at 0.61 on Thursday. Carillion has a 1-year low of $0.52 and a 1-year high of $3.83. The stock’s market cap is $262.42 million. The stock has a 50 day moving average of $0.63 and a 200 day moving average of $1.71.

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