Ebara Co. (OTCMKTS:EBCOY) Short Interest Down 68.0% in July

Ebara Co. (OTCMKTS:EBCOY) was the recipient of a large decline in short interest in July. As of July 31st, there was short interest totaling 16,990 shares, a decline of 68.0% from the July 15th total of 53,086 shares. Based on an average daily volume of 208,318 shares, the short-interest ratio is presently 0.1 days.

Ebara Price Performance

Shares of OTCMKTS EBCOY opened at $16.85 on Friday. The firm has a fifty day moving average of $18.11 and a 200 day moving average of $17.05. Ebara has a one year low of $10.06 and a one year high of $21.77.

Ebara (OTCMKTS:EBCOY) last posted its quarterly earnings data on Friday, August 14th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.06). The business had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.53 billion.

Wall Street Analyst Weigh In

Separately, Smbc Nikko Sec. upgraded Ebara to a “hold” rating in a research report on Tuesday, June 16th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Ebara Company Profile

Ebara Corporation (OTCMKTS:EBCOY) is a Tokyo?headquartered engineering firm with a history dating back to its founding in 1912 as a pump manufacturer. Over more than a century of operations, the company has expanded its expertise to encompass a broad array of industrial and environmental machinery. Ebara’s core mission centers on delivering reliable, high?performance equipment that supports critical infrastructure projects and industrial processes worldwide.

The company’s business is organized into three primary segments.