Tokyu Fudosan Holdings Co. (OTCMKTS:TKFOY – Get Free Report) was the recipient of a large growth in short interest in October. As of October 30th, there was short interest totaling 33 shares, a growth of 3,200.0% from the October 15th total of 1 shares. Based on an average daily volume of 10 shares, the days-to-cover ratio is currently 3.3 days.
Tokyu Fudosan Stock Performance
Tokyu Fudosan stock remained flat at $14.96 during mid-day trading on Tuesday. 107 shares of the company’s stock were exchanged, compared to its average volume of 300. Tokyu Fudosan has a twelve month low of $14.96 and a twelve month high of $18.36. The company has a fifty day moving average price of $16.58 and a two-hundred day moving average price of $15.75.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group upgraded Tokyu Fudosan from a “neutral” rating to a “buy” rating in a research note on Wednesday, July 22nd. One analyst has rated the stock with a Buy rating. According to data from MarketBeat, Tokyu Fudosan currently has an average rating of “Buy”.
Get Our Latest Stock Analysis on Tokyu Fudosan
Tokyu Fudosan Company Profile
Tokyu Fudosan Holdings Corporation is a Japan-based real estate group whose shares trade over the counter in the United States under the symbol TKFOY. The company was established in 2013 as the holding company for the Tokyu Fudosan Group, which traces its origins to Tokyu Land Corporation, founded in 1953. Through its subsidiaries, the group develops and manages office buildings, commercial facilities, residential properties and logistics centers. Its activities also include residential sales and leasing, property management, real estate brokerage, investment management and asset management.
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