Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) Short Interest Down 83.0% in August

Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 87,030 shares, a drop of 83.0% from the August 15th total of 511,414 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,503,032 shares, the short-interest ratio is presently 0.1 days.

Compagnie de Saint-Gobain Trading Up 0.2%

Shares of CODYY stock traded up $0.02 during mid-day trading on Friday, hitting $8.23. 1,140,898 shares of the stock were exchanged, compared to its average volume of 772,946. Compagnie de Saint-Gobain has a 52-week low of $7.71 and a 52-week high of $11.16. The company has a current ratio of 1.27, a quick ratio of 0.86 and a debt-to-equity ratio of 0.49. The firm has a fifty day moving average of $9.56 and a 200 day moving average of $14.90.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, Compagnie de Saint-Gobain currently has an average 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 support building renovation, new construction and infrastructure projects, with a focus on improving energy efficiency, comfort, durability and sustainability.

The company’s activities include glass, insulation, gypsum products, mortars, construction chemicals, ceramics and other high-performance materials. Saint-Gobain also operates distribution businesses that supply building materials, tools and related products to construction professionals and customers in the renovation and home-improvement markets.

Founded in France in 1665, Saint-Gobain has developed into an international group serving customers across Europe, North and South America, Asia and other global markets.