Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) Short Interest Update

Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) was the recipient of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 151,351 shares, a decrease of 50.6% from the May 31st total of 306,339 shares. Based on an average daily volume of 910,198 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Compagnie de Saint-Gobain Stock Down 1.6%

Shares of OTCMKTS CODYY traded down $0.28 during midday trading on Wednesday, hitting $17.86. 179,214 shares of the company’s stock were exchanged, compared to its average volume of 482,971. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.86 and a current ratio of 1.27. Compagnie de Saint-Gobain has a 12 month low of $15.42 and a 12 month high of $24.52. The company’s 50 day moving average price is $17.98 and its 200 day moving average price is $18.70.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada upgraded shares of Compagnie de Saint-Gobain from a “hold” rating to a “moderate buy” rating in a report on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Compagnie de Saint-Gobain Company Profile

Compagnie de Saint-Gobain (OTCMKTS: CODYY) is a French multinational that develops, manufactures and distributes building materials and high-performance solutions for construction, mobility and industrial markets. Founded in 1665 and headquartered in Courbevoie, France, the company has evolved from its origins in glassmaking into a diversified materials group producing an array of products used across building envelopes, interiors and specialized industrial applications.

Saint-Gobain’s product portfolio includes glass and glazing systems, insulation and gypsum-based solutions, mortars, exterior and interior finishing systems, piping and high-performance ceramics and abrasives.