The Goldman Sachs Group Downgrades Haitian International (OTCMKTS:HAIIF) to Neutral

Haitian International (OTCMKTS:HAIIF – Get Free Report) was downgraded by research analysts at The Goldman Sachs Group from a “buy” rating to a “neutral” rating in a report released on Sunday, FlyOnTheWall reports.

Haitian International Stock Performance

OTCMKTS HAIIF opened at $2.36 on Friday. Haitian International has a one year low of $2.36 and a one year high of $2.36. The stock’s 50 day simple moving average is $2.43 and its 200 day simple moving average is $2.46.

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About Haitian International

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Haitian International Holdings Limited, an investment holding company, engages in manufacturing and distribution of plastic injection molding machines in Mainland China, Hong Kong, and internationally. It offers plastic machinery under the Haitian and Zhafir names. The company is also involved in the trading of machinery and related accessories; sale of software of plastic injection molding machines; manufacture and sale of intelligence control systems; private vocational skills training institutions; and research and development of emerging energy technologies.

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