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

Ebara Co. (OTCMKTS:EBCOYGet Free Report) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 16,990 shares, a drop of 68.0% from the July 15th total of 53,086 shares. Based on an average daily volume of 208,318 shares, the days-to-cover ratio is currently 0.1 days.

Ebara Stock Down 10.1%

EBCOY stock opened at $16.85 on Friday. The firm’s fifty day simple moving average is $18.11 and its 200-day simple moving average is $17.05. Ebara has a 12 month low of $10.06 and a 12 month high of $21.77.

Ebara (OTCMKTS:EBCOYGet Free Report) last issued its earnings results 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 company had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.50 billion.

Wall Street Analyst Weigh In

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

Read Our Latest Analysis on EBCOY

About Ebara

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Ebara Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ebara and related companies with MarketBeat.com's FREE daily email newsletter.