YANTAI JEREH increases its risk exposure and slightly lowers to Neutral
YANTAI JEREH (CN), a company active in the Oil Equipment & Services industry, now shows a lower overall rating. The independent financial analyst theScreener confirms the fundamental rating of 4 out of 4 stars. However, the market behaviour deterioration triggered a risk requalification, which can be thus described as risky. theScreener believes that increased risk justifies the general evaluation downgrade to Neutral. As of the analysis date February 4, 2022, the closing price was CNY 41.42 and its expected value was estimated at CNY 42.03.Yantai Jereh Oilfield Services Group Co., Ltd. is a China-based company, principally engaged in the manufacture of oil field equipment and the provision of oil field services. The Company is principally engaged in drilling equipment and oil & gas field engineering equipment manufacturing, equipment maintenance and accessories sales, oil field engineering technology services, as well as oil & gas field construction services. The Company conducts its businesses within domestic and overseas markets.
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