Royal Unibrew A/S (OTCMKTS:ROYUF – Get Free Report) saw a significant drop in short interest in June. As of June 30th, there was short interest totaling 34,552 shares, a drop of 85.4% from the June 15th total of 236,123 shares. Based on an average daily trading volume, of 103 shares, the days-to-cover ratio is currently 335.5 days.
Royal Unibrew A/S Stock Performance
Shares of OTCMKTS ROYUF remained flat at $70.00 during trading hours on Friday. Royal Unibrew A/S has a 52 week low of $63.25 and a 52 week high of $70.00. The company’s 50 day simple moving average is $65.62 and its 200-day simple moving average is $70.09.
Analysts Set New Price Targets
Several equities analysts recently commented on ROYUF shares. Deutsche Bank Aktiengesellschaft downgraded shares of Royal Unibrew A/S from a “buy” rating to a “hold” rating in a research note on Tuesday, April 21st. The Goldman Sachs Group cut shares of Royal Unibrew A/S from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 21st. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.
Royal Unibrew A/S Company Profile
Royal Unibrew A/S is a Denmark-based brewing and beverage group with its origins in the 1989 merger of regional breweries. Over the decades the company has built a diversified product portfolio encompassing beer, malt beverages, soft drinks, cider and water. Key beer brands include Royal, Faxe and Ceres, while its soft drink range features Faxe Kondi alongside a variety of flavored waters and energy drinks.
In beer, Royal Unibrew produces both traditional lagers and specialty craft-style brews.
See Also
- Five stocks we like better than Royal Unibrew A/S
- Starbucks Builds Sovereign AI to Cut $400 Million in Software Costs
- Power Struggle: Wolfspeed Sues Navitas Over AI Chips
- Why WD-40 Is Proving Great Businesses Never Go Out of Style
- Pushing the Edge: Super Micro Computer Reboots the AI Landscape
Receive News & Ratings for Royal Unibrew A/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Unibrew A/S and related companies with MarketBeat.com's FREE daily email newsletter.
