Hon Hai Precision Industry Co., Ltd. Sponsored GDR (OTCMKTS:HNHPF – Get Free Report) was the recipient of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 442,937 shares, a drop of 35.4% from the September 15th total of 685,984 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 42,419 shares, the short-interest ratio is currently 10.4 days.
Analyst Ratings Changes
Separately, Barclays reiterated an “overweight” rating and issued a $23.00 price target on shares of Hon Hai Precision Industry Co., Ltd. Sponsored GDR in a report on Thursday, August 20th. One research analyst has rated the stock with a Buy rating. According to MarketBeat.com, Hon Hai Precision Industry Co., Ltd. Sponsored GDR has an average rating of “Buy” and a consensus price target of $23.00.
Check Out Our Latest Report on Hon Hai Precision Industry Co., Ltd. Sponsored GDR
Hon Hai Precision Industry Co., Ltd. Sponsored GDR Stock Up 0.8%
Shares of OTCMKTS HNHPF opened at $15.18 on Friday. The company has a fifty day moving average price of $15.89 and a 200 day moving average price of $15.54. Hon Hai Precision Industry Co., Ltd. Sponsored GDR has a 1-year low of $11.50 and a 1-year high of $20.26.
Hon Hai Precision Industry Co., Ltd. Sponsored GDR Company Profile
Hon Hai Precision Industry Co, Ltd., commonly known as Foxconn, is a Taiwan-based electronics manufacturing services company. It provides product design, component manufacturing, assembly, testing, supply-chain management and after-sales services for technology companies and other industrial customers.
The company manufactures and supports a broad range of products, including smartphones, computers, servers, networking equipment, televisions, game consoles, electronic components and connectors.
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