Short Interest in Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) Grows By 90.0%

Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 173,500 shares, an increase of 90.0% from the September 15th total of 91,300 shares. Based on an average daily volume of 755,600 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 755,600 shares, the short-interest ratio is presently 0.2 days.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Zacks Research cut Compagnie de Saint-Gobain from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 1st. DZ Bank upgraded Compagnie de Saint-Gobain from a “strong sell” rating to a “strong-buy” rating in a report on Friday, August 8th. Two analysts have rated the stock with a Strong Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Compagnie de Saint-Gobain Stock Performance

Shares of Compagnie de Saint-Gobain stock opened at $20.98 on Wednesday. The stock’s 50-day moving average is $21.77 and its 200 day moving average is $22.01. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.87 and a current ratio of 1.31. Compagnie de Saint-Gobain has a one year low of $16.66 and a one year high of $24.52.

About Compagnie de Saint-Gobain

Compagnie de Saint-Gobain SA designs, manufactures, and distributes materials and solutions for the construction and industrial markets worldwide. It operates through five segments: High Performance Solutions; Northern Europe; Southern Europe Middle East (ME) & Africa; Americas; and Asia-Pacific.