dormakaba Holding AG (OTCMKTS:DRRKF – Get Rating) was the recipient of a large decrease in short interest in March. As of March 31st, there was short interest totalling 3,400 shares, a decrease of 22.7% from the March 15th total of 4,400 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.
Several brokerages have recently weighed in on DRRKF. Societe Generale lowered dormakaba from a “hold” rating to a “sell” rating in a research report on Thursday, January 20th. Credit Suisse Group reduced their price target on dormakaba from CHF 744 to CHF 677 in a report on Monday, March 14th. Finally, Oddo Bhf cut dormakaba from a “neutral” rating to an “underperform” rating in a report on Wednesday, March 23rd.
Shares of OTCMKTS DRRKF remained flat at $$467.00 on Monday. dormakaba has a 1 year low of $467.00 and a 1 year high of $467.00. The stock has a 50-day moving average price of $654.20 and a 200 day moving average price of $667.68.
dormakaba Holding AG provides access and security solutions worldwide. The company operates through Access Solutions AMER, Access Solutions APAC, Access Solutions DACH, Access Solutions EMEA, and Key?&?Wall Solutions segments. It offers door hardware products, such as door closer systems, door locks, and escape route systems; and entrance systems, including sliding, revolving, swing doors, as well as sensor barriers and personal interlocks.
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