Gree Inc (NASDAQ:GREZF) Rating Increased to Buy at Zacks Investment Research

Zacks Investment Research upgraded shares of Gree Inc (NASDAQ:GREZF) from a hold rating to a buy rating in a research report sent to investors on Wednesday, June 14th. Zacks Investment Research currently has $9.25 target price on the stock.

According to Zacks, “Gree, Inc. operates as a social network service. The company’s business consists of Games, Commerce and Lifestyle, Community and Media, Advertising and Online Video as well as Investment. Gree, Inc. is headquartered in Tokyo, Japan. “

Gree (GREZF) opened at 9.09 on Wednesday. Gree has a 12 month low of $5.22 and a 12 month high of $9.09. The company has a market capitalization of $2.14 billion and a PE ratio of 14.71. The company has a 50-day moving average price of $8.28 and a 200 day moving average price of $6.25.

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