Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five (NYSE:FOIL – Get Free Report) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 6,454 shares, an increase of 215.1% from the September 30th total of 2,048 shares. Based on an average daily volume of 32,594 shares, the days-to-cover ratio is presently 0.2 days.
Analyst Ratings Changes
Several research analysts have commented on FOIL shares. Wall Street Zen upgraded Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five from a “hold” rating to a “buy” rating in a research note on Saturday, October 24th. Cantor Fitzgerald initiated coverage on Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five in a report on Tuesday, September 8th. They set an “overweight” rating and a $31.00 target price for the company. One investment analyst has rated the stock with a Buy rating. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $31.00.
Read Our Latest Report on FOIL
Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five Stock Performance
NYSE:FOIL opened at $16.41 on Thursday. The firm has a 50-day simple moving average of $19.86. Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five has a twelve month low of $15.15 and a twelve month high of $28.49.
About Londian Wason New Energy Tech Inc. American Depositary Shares, each representing five
Londian Wason New Energy Tech Inc is a China-based energy technology company focused on the development and manufacture of electricity metering and related products. Through its operating subsidiaries, the company provides electric meters and other equipment used in power measurement, monitoring and management.
Its product offerings include smart electricity meters and supporting components designed for applications such as residential, commercial and industrial power consumption management.
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