Chr. Hansen Holding A/S (OTCMKTS:CHYHY – Get Rating) was the recipient of a significant decline in short interest in the month of April. As of April 30th, there was short interest totalling 4,200 shares, a decline of 25.0% from the April 15th total of 5,600 shares. Based on an average trading volume of 53,500 shares, the days-to-cover ratio is currently 0.1 days.
Several analysts recently issued reports on the stock. Barclays cut their target price on shares of Chr. Hansen Holding A/S from 550.00 to 540.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 29th. JPMorgan Chase & Co. raised shares of Chr. Hansen Holding A/S from an “underweight” rating to a “neutral” rating and boosted their target price for the stock from $515.00 to $535.00 in a report on Tuesday, January 18th. Finally, Credit Suisse Group boosted their price objective on shares of Chr. Hansen Holding A/S from 530.00 to 550.00 and gave the company a “neutral” rating in a research report on Thursday, April 7th. Five equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $411.89.
CHYHY traded up $0.24 during trading hours on Monday, reaching $18.60. The company’s stock had a trading volume of 35,400 shares, compared to its average volume of 51,810. Chr. Hansen Holding A/S has a fifty-two week low of $16.82 and a fifty-two week high of $24.21. The business’s 50-day moving average is $18.84 and its 200-day moving average is $19.18.
Chr. Hansen Holding A/S, a bioscience company, develops natural ingredient solutions for the food, nutritional, pharmaceutical, and agricultural industries in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. It operates through Food Cultures & Enzymes, and Health & Nutrition segments.
- Get a free copy of the StockNews.com research report on Chr. Hansen Holding A/S (CHYHY)
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