Serco Group plc (OTCMKTS:SECCF) Short Interest Update

Serco Group plc (OTCMKTS:SECCF) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 3,671 shares, a growth of 48.6% from the February 26th total of 2,471 shares. Based on an average daily trading volume, of 3,652 shares, the short-interest ratio is presently 1.0 days.

Analysts Set New Price Targets

SECCF has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Serco Group in a research note on Tuesday, January 6th. Royal Bank Of Canada restated an “outperform” rating on shares of Serco Group in a research note on Tuesday, February 10th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Serco Group has an average rating of “Moderate Buy”.

Serco Group Price Performance

SECCF stock opened at $3.88 on Friday. Serco Group has a one year low of $2.06 and a one year high of $4.37. The firm has a 50 day simple moving average of $3.78 and a two-hundred day simple moving average of $3.50.

About Serco Group

Serco Group plc is a UK-based provider of public services and infrastructure management solutions, serving governments and private sector organizations around the world. The company offers end-to-end delivery of mission-critical services, combining operational expertise with technology and consultancy capabilities to support defense, security, transport, health, and citizen services.

In the defense and security sector, Serco delivers training, simulation, and logistics support to armed forces and intelligence agencies.