China Metro Rural (NYSEMKT:CNR) Downgraded to “Sell” at Zacks Investment Research

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China Metro Rural (NYSEMKT:CNR) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Tuesday, Zacks.com reports.

According to Zacks, “Cornerstone Building Brands Inc. is the manufacturer of exterior building products primarily in North America. The company manufactures windows, vinyl siding, insulated metal panels, metal roofing and wall systems and metal accessories. Cornerstone Building Brands Inc., formerly known as NCI Building Systems Inc., is headquartered in Cary, North Carolina. “

In other China Metro Rural news, CAO Brian P. Boyle purchased 15,000 shares of the business’s stock in a transaction that occurred on Friday, June 7th. The shares were acquired at an average price of $4.29 per share, for a total transaction of $64,350.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Gary L. Forbes purchased 10,000 shares of the business’s stock in a transaction that occurred on Friday, May 31st. The stock was acquired at an average price of $4.45 per share, for a total transaction of $44,500.00. The disclosure for this purchase can be found here. Insiders bought 230,000 shares of company stock valued at $1,134,650 in the last ninety days.

About China Metro Rural

China Metro-Rural Holdings Limited is a developer and operator of integrated agricultural logistics and trade centers in China. The Company’s segments include agricultural logistics, and rural-urban migration and city re-development. The Company’s agricultural logistics business includes development and operation of integrated agricultural logistics and trade centers and supporting facilities, and property management, which engages in the management of developed properties within the logistics platforms, known as China Northeast Logistics Cities.

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