Ticketplus Ltd. (NYSEAMERICAN:TP – Get Free Report) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 6,016 shares, a decline of 39.0% from the August 15th total of 9,859 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 81,507 shares, the days-to-cover ratio is presently 0.1 days.
Ticketplus Trading Down 2.0%
Shares of TP stock traded down $0.17 on Friday, reaching $8.20. 1,176 shares of the company’s stock traded hands, compared to its average volume of 52,750. Ticketplus has a 12-month low of $6.10 and a 12-month high of $12.14.
Wall Street Analysts Forecast Growth
TP has been the subject of several research reports. Roth Capital began coverage on Ticketplus in a research note on Monday, August 31st. They set a “buy” rating and a $14.00 price objective for the company. Zacks Research upgraded Ticketplus to a “hold” rating in a research report on Tuesday, September 1st. Finally, Greenridge Global upgraded Ticketplus to a “strong-buy” rating in a report on Monday, August 31st. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Ticketplus has a consensus rating of “Buy” and an average price target of $14.00.
Ticketplus Company Profile
Ticketplus Ltd. is a technology company operates a proprietary, full-stack technology platform powering live entertainment. Ticketplus Ltd. is based in SANTIAGO, Chile.
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