Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) Shares Shorted: Short Interest Down 49.8% in September

Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY – Get Free Report) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 43,713 shares, a decline of 49.8% from the August 31st total of 87,030 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 2,120,617 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Compagnie de Saint-Gobain from a “strong sell” rating to a “hold” rating in a report on Monday, August 31st. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold”.

Check Out Our Latest Analysis on Compagnie de Saint-Gobain

Compagnie de Saint-Gobain Trading Up 0.9%

OTCMKTS:CODYY opened at $8.03 on Tuesday. Compagnie de Saint-Gobain has a twelve month low of $7.71 and a twelve month high of $11.10. The business has a 50 day moving average price of $8.87 and a two-hundred day moving average price of $14.02. The company has a quick ratio of 0.86, a current ratio of 1.27 and a debt-to-equity ratio of 0.49.

Compagnie de Saint-Gobain Company Profile

(Get Free Report)

Compagnie de Saint-Gobain is a French multinational company that designs, manufactures and distributes solutions for the construction and industrial markets. Its products and services support building renovation, new construction and infrastructure projects, with a focus on energy efficiency, resource conservation and occupant comfort.

The company’s portfolio includes glass, insulation, gypsum and plasterboard, mortars, construction chemicals, roofing and interior finishing products. Saint-Gobain also operates building-materials distribution businesses and provides high-performance materials and solutions for industrial applications, including mobility and advanced manufacturing.

Founded in 1665 as a glass manufacturer, Saint-Gobain has developed into an international building-solutions group serving customers across Europe, North and South America, Asia-Pacific and other global markets.

Further Reading

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