Flat Glass Group Co., Ltd. (OTCMKTS:FGSGF) Sees Large Decrease in Short Interest

Flat Glass Group Co., Ltd. (OTCMKTS:FGSGFGet Free Report) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 35,925 shares, a decrease of 46.3% from the August 15th total of 66,925 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group raised shares of Flat Glass Group from a “sell” rating to a “neutral” rating in a report on Monday, July 27th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, Flat Glass Group has an average rating of “Hold”.

View Our Latest Analysis on Flat Glass Group

Flat Glass Group Stock Performance

OTCMKTS FGSGF opened at $0.85 on Thursday. The stock’s 50 day simple moving average is $1.11 and its 200 day simple moving average is $1.25. Flat Glass Group has a one year low of $0.85 and a one year high of $1.41.

About Flat Glass Group

(Get Free Report)

Flat Glass Group Co, Ltd. operates as a comprehensive glass manufacturer, specializing in the research, development, production and sales of a broad range of glass products. Its offerings include high-precision float glass, coated glass, ultra-clear glass, tempered and laminated safety glass, insulating glass units, automotive windshields and solar photovoltaic glass. These products serve applications in construction, automotive, solar energy, electronics and packaging markets.

Headquartered in Zhengzhou, Henan Province, the company traces its origins to state-owned glass production facilities established in the latter half of the 20th century.

See Also

Receive News & Ratings for Flat Glass Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flat Glass Group and related companies with MarketBeat.com's FREE daily email newsletter.