Forvia SE (OTCMKTS:FURCF – Get Free Report) saw a significant drop in short interest in the month of March. As of March 31st, there was short interest totaling 59,378 shares, a drop of 31.6% from the March 15th total of 86,842 shares. Based on an average daily volume of 902 shares, the short-interest ratio is presently 65.8 days.
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Forvia in a report on Wednesday, February 25th. Citigroup reaffirmed a “sell” rating on shares of Forvia in a report on Thursday, January 29th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Forvia has an average rating of “Hold”.
Check Out Our Latest Research Report on FURCF
Forvia Stock Performance
About Forvia
Forvia (OTCMKTS: FURCF) is a global automotive technology supplier formed through the combination of Faurecia and Hella. The company develops and manufactures a comprehensive portfolio of products and systems for vehicle interiors, emissions control and electronics. Its core offerings encompass seating structures, cockpit systems, exhaust and thermal management solutions, advanced lighting, driver assistance sensors and power electronics. Serving original equipment manufacturers (OEMs) across the automotive sector, Forvia focuses on innovation in sustainability, comfort and digitalization to meet evolving regulatory standards and consumer preferences.
With roots tracing back to the founding of Faurecia in 1997 and Hella in 1899, Forvia leverages more than a century of engineering expertise.
Further Reading
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