Zacks Investment Research upgraded shares of Takung Art (NYSEAMERICAN:TKAT) from a sell rating to a hold rating in a research report report published on Saturday morning.
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. “
Shares of NYSEAMERICAN TKAT opened at $1.03 on Friday. Takung Art has a 1 year low of $0.68 and a 1 year high of $5.05.
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.
Further Reading: What does the Dow Jones Industrial Average (DJIA) measure?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Takung Art Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Takung Art and related companies with MarketBeat.com's FREE daily email newsletter.