Wirecard AG (OTCMKTS:WCAGY) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totalling 67,200 shares, a drop of 23.8% from the September 15th total of 88,200 shares. Based on an average daily volume of 95,700 shares, the short-interest ratio is presently 0.7 days.

Separately, ValuEngine lowered Wirecard from a “hold” rating to a “sell” rating in a report on Monday, August 3rd. Two investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. The stock currently has an average rating of “Hold”.

OTCMKTS:WCAGY opened at $0.42 on Friday. The business’s 50-day moving average price is $0.48 and its 200 day moving average price is $22.96. The firm has a market cap of $104.34 million, a P/E ratio of 0.19 and a beta of -0.36. Wirecard has a 52-week low of $0.33 and a 52-week high of $78.65.

Wirecard Company Profile

Wirecard AG, a technology company, provides outsourcing and white label solutions for electronic payments worldwide. The company operates in three segments: Payment Processing & Risk Management, Acquiring & Issuing, and Call Center & Communication Services. The Payment Processing & Risk Management segment offers products and service for the acceptance or transactions, and the processing of electronic payments and associated processes.

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