Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five (NYSE:FOIL) Stock Gets Downgrade from Wall Street Zen

Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five (NYSE:FOIL) was downgraded by equities researchers at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors on Sunday, Wall Street Zen reports.

Separately, Cantor Fitzgerald assumed coverage on shares of Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five in a research report on Tuesday, September 8th. They issued an “overweight” rating and a $31.00 price objective for the company. One investment analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $31.00.

Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five Trading Up 6.5%

FOIL opened at $21.88 on Friday. Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five has a one year low of $15.15 and a one year high of $28.49. The firm’s 50 day moving average is $20.81.

Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five Company Profile

Londian Wason New Energy Tech Inc is an energy technology company focused on the development, manufacture and sale of smart electricity meters and related electricity-management products. Its offerings are designed to support the measurement, monitoring and management of electricity consumption.

The company’s product portfolio includes smart metering solutions for single-phase and three-phase applications, as well as related systems intended to help utilities and other customers collect and manage electricity-use information.