Scout24 SE (OTCMKTS:SCOTF – Get Free Report) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 64,200 shares, a decline of 59.3% from the August 31st total of 157,715 shares. Based on an average daily trading volume, of 164 shares, the days-to-cover ratio is presently 391.5 days.
Scout24 Stock Performance
Shares of OTCMKTS:SCOTF remained flat at $76.49 on Tuesday. The stock had a trading volume of 100 shares, compared to its average volume of 100. Scout24 has a fifty-two week low of $76.49 and a fifty-two week high of $85.00. The stock’s 50 day simple moving average is $83.99 and its 200 day simple moving average is $91.01.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group assumed coverage on shares of Scout24 in a research note on Thursday, June 4th. They issued a “buy” rating for the company. Six research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.
Scout24 Company Profile
Scout24 SE is a Germany-based digital marketplace and technology company focused primarily on the real estate sector. Its principal platform, ImmoScout24, connects people seeking to buy, sell, rent or finance property with real estate agents, landlords, developers, lenders and other service providers.
Through ImmoScout24 and related services, Scout24 provides property listings, search and matching tools, marketing solutions, valuation and financing services, and digital products designed to support real estate transactions.
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