Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) Stock Short Interest Drops 49.8%

Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) was the recipient of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 43,713 shares, a decline of 49.8% from the August 31st total of 87,030 shares. Based on an average trading volume of 2,120,617 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Compagnie de Saint-Gobain Trading Down 4.6%

CODYY traded down $0.36 during midday trading on Thursday, reaching $7.36. 766,117 shares of the company were exchanged, compared to its average volume of 917,228. The stock’s 50-day simple moving average is $8.84 and its 200 day simple moving average is $13.89. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.27 and a quick ratio of 0.86. Compagnie de Saint-Gobain has a one year low of $7.35 and a one year high of $11.10.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Compagnie de Saint-Gobain from a “strong sell” rating to a “hold” rating in a research note on Monday, August 31st. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Compagnie de Saint-Gobain presently has a consensus rating of “Hold”.

Compagnie de Saint-Gobain Company Profile

Compagnie de Saint-Gobain is a French multinational company that designs, manufactures and distributes solutions for the construction and industrial markets. Its products and services support building renovation, new construction and infrastructure projects, with a focus on energy efficiency, resource conservation and occupant comfort.

The company’s portfolio includes glass, insulation, gypsum and plasterboard, mortars, construction chemicals, roofing and interior finishing products. Saint-Gobain also operates building-materials distribution businesses and provides high-performance materials and solutions for industrial applications, including mobility and advanced manufacturing.

Founded in 1665 as a glass manufacturer, Saint-Gobain has developed into an international building-solutions group serving customers across Europe, North and South America, Asia-Pacific and other global markets.