Kingspan Group plc (OTCMKTS:KGSPY) Stock Short Interest Report for September

Kingspan Group plc (OTCMKTS:KGSPY) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 567 shares, a decline of 85.8% from the September 15th total of 3,989 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 24,814 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

KGSPY has been the topic of a number of research reports. Jefferies Financial Group raised shares of Kingspan Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 18th. Zacks Research upgraded Kingspan Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 12th. Two analysts have rated the stock with a Strong Buy rating. According to MarketBeat, the stock presently has a consensus rating of “Strong Buy”.

Kingspan Group Stock Up 0.6%

Shares of KGSPY stock traded up $0.70 during trading hours on Friday, hitting $111.64. The company’s stock had a trading volume of 9,167 shares, compared to its average volume of 17,032. The company has a 50 day moving average of $114.00 and a 200 day moving average of $98.58. Kingspan Group has a 12-month low of $71.63 and a 12-month high of $124.91.

Kingspan Group Company Profile

Kingspan Group plc is an Ireland-based manufacturer of high-performance building products and solutions. The company focuses on improving the energy efficiency, sustainability, and performance of buildings through products used in construction, renovation, and infrastructure projects.

Its product portfolio includes insulated panels and systems for walls and roofs, insulation boards, architectural façades, daylighting and ventilation systems, raised access floors, and solutions for water and energy management.