Nagarro SE (OTCMKTS:NGRRF – Get Free Report) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 300 shares, a drop of 93.5% from the September 30th total of 4,587 shares. Based on an average trading volume of 4 shares, the days-to-cover ratio is currently 75.0 days.
Analyst Ratings Changes
Separately, Jefferies Financial Group lowered Nagarro to a “hold” rating in a research note on Tuesday, August 25th. One research analyst has rated the stock with a Hold rating. According to MarketBeat.com, Nagarro presently has an average rating of “Hold”.
Read Our Latest Research Report on Nagarro
Nagarro Stock Performance
OTCMKTS:NGRRF traded down $1.48 during midday trading on Monday, hitting $87.81. 209 shares of the company traded hands, compared to its average volume of 869. The firm’s fifty day moving average is $89.66 and its 200-day moving average is $71.85. Nagarro has a 12-month low of $38.58 and a 12-month high of $92.72.
Nagarro Company Profile
Nagarro SE is a global digital engineering and technology services company headquartered in Munich, Germany. The company helps organizations design, build, modernize and operate digital products, platforms and business systems, serving clients across industries and geographies.
Its services include digital product engineering, cloud and infrastructure services, enterprise resource planning, customer experience and user-interface design, data and analytics, artificial intelligence, cybersecurity, and technology consulting.
Featured Articles
- Five stocks we like better than Nagarro
- Comfort Systems Earnings: AI Slowdown or More Growth Ahead?
- Bristol Myers Squibb’s Cancer Breakthrough Could Have Implications Beyond Its Own Stock
- 5 Beaten-Down Growth Stocks Trading Like Value Plays as Cash Chases Mega-Caps
- Anthropic’s IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
Receive News & Ratings for Nagarro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nagarro and related companies with MarketBeat.com's FREE daily email newsletter.
