Chr. Hansen Holding A/S (OTCMKTS:CHYHY – Get Rating) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 19,500 shares, a growth of 364.3% from the April 30th total of 4,200 shares. Based on an average trading volume of 95,900 shares, the days-to-cover ratio is presently 0.2 days.
Shares of OTCMKTS:CHYHY opened at $18.41 on Thursday. Chr. Hansen Holding A/S has a 1 year low of $16.82 and a 1 year high of $24.21. The business has a fifty day simple moving average of $18.96 and a 200 day simple moving average of $19.10.
A number of research firms have recently issued reports on CHYHY. Credit Suisse Group boosted their price target on shares of Chr. Hansen Holding A/S from 530.00 to 550.00 and gave the company a “neutral” rating in a report on Thursday, April 7th. Barclays cut their price target on shares of Chr. Hansen Holding A/S from 550.00 to 540.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 29th. Five investment analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $411.89.
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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