Jenoptik AG (OTCMKTS:JNPKF – Get Free Report) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 1,278 shares, a decline of 56.9% from the September 30th total of 2,962 shares. Based on an average daily volume of 3,389 shares, the days-to-cover ratio is presently 0.4 days.
Analysts Set New Price Targets
Several brokerages have recently weighed in on JNPKF. UBS Group reissued a “neutral” rating on shares of Jenoptik in a research report on Friday, August 28th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Jenoptik in a report on Thursday, August 13th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Jenoptik in a report on Wednesday, October 21st. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Jenoptik currently has an average rating of “Moderate Buy”.
Read Our Latest Stock Analysis on Jenoptik
Jenoptik Price Performance
OTCMKTS:JNPKF opened at $44.36 on Friday. The stock has a 50 day simple moving average of $44.91 and a 200 day simple moving average of $40.31. Jenoptik has a 1-year low of $20.40 and a 1-year high of $56.25.
About Jenoptik
JENOPTIK AG is a Germany-based photonics and optical technology company headquartered in Jena. The company develops and manufactures solutions that use light, optics, electronics and precision engineering for industrial, semiconductor, medical and mobility applications.
Its products and services include optical and laser systems, semiconductor equipment, industrial measurement and inspection technology, medical imaging and diagnostic solutions, and traffic-monitoring systems. Jenoptik also provides technologies for smart mobility, including systems used for road safety and automated traffic enforcement.
Jenoptik serves customers internationally, with operations and business relationships across Europe, North America and Asia.
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