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Why ZTO's Stock Is Trading Lower Today

ZTO Express (NYSE: ZTO) shares are trading lower on Friday, after JP Morgan downgraded the stock from Overweight to Neutral.

Benzinga · 05/22/2020 14:57

ZTO Express (NYSE: ZTO) shares are trading lower on Friday, after JP Morgan downgraded the stock from Overweight to Neutral.

ZTO Express is a logistics service enterprise with express delivery as its core business and integrating cross-border, express, commercial, cloud warehouse, aviation, finance, intelligence, media and other ecological sectors.

ZTO Express shares were trading down 4.67% at $30.93 on Friday. The stock has a 52-week high of $35.64 and a 52-week low of $17.12.