INDUSTRIA DE DI/ADR (IDEXY) Lifted to Hold at Zacks Investment Research

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Zacks Investment Research upgraded shares of INDUSTRIA DE DI/ADR (OTCMKTS:IDEXY) from a sell rating to a hold rating in a research note released on Tuesday morning.

According to Zacks, “Industria de Diseño Textil, S.A., is a fashion retailer operating worldwide. The company also involves in the business of textile designing, manufacturing, and distribution. It welcomes its shoppers at its various store formats, such as Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home and Uterqüe . It has several stores in several countries. Industria de Diseño Textil, S.A. is headquartered in Arteixo, Spain. “

IDEXY stock opened at $14.91 on Tuesday. The firm has a market cap of $93.75 billion, a PE ratio of 22.79, a price-to-earnings-growth ratio of 2.20 and a beta of 0.80. INDUSTRIA DE DI/ADR has a 52-week low of $13.69 and a 52-week high of $18.56.

The firm also recently declared a Semi-Annual dividend, which will be paid on Monday, November 19th. Stockholders of record on Thursday, November 1st will be paid a dividend of $0.154 per share. The ex-dividend date is Wednesday, October 31st. INDUSTRIA DE DI/ADR’s payout ratio is currently 48.39%.


Industria de Diseño Textil, SA engages in the retail and online distribution of clothing, footwear, accessories, and household textile products through various commercial concepts. Its retail concepts include Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, and Uterqüe. The company operates 7,475 stores in 96 markets; and online stores in 49 markets.

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