Toshiba Co. (OTCMKTS:TOSYY – Get Rating) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totalling 2,400 shares, a decline of 79.3% from the June 30th total of 11,600 shares. Based on an average daily volume of 55,400 shares, the days-to-cover ratio is currently 0.0 days.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group downgraded shares of Toshiba from a “buy” rating to a “hold” rating in a research note on Thursday, April 28th.
Toshiba Trading Up 1.4 %
OTCMKTS TOSYY opened at $19.72 on Thursday. Toshiba has a 1-year low of $17.36 and a 1-year high of $23.30. The company has a current ratio of 1.50, a quick ratio of 1.15 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $17.08 billion, a PE ratio of 10.72 and a beta of 0.79. The firm’s fifty day simple moving average is $20.78 and its 200-day simple moving average is $20.39.
About Toshiba
Toshiba Corporation, together with its subsidiaries, provides electronic devices and storage solutions worldwide. It operates through Energy Systems and Solutions, Infrastructure Systems and Solutions, Building Solutions, Retail and Printing Solutions, Electronic Devices and Storage Solutions, Digital Solutions, and Other segments.
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