Short Interest in Tokyo Gas Co.,Ltd. (OTCMKTS:TKGSY) Declines By 16.7%

Tokyo Gas Co.,Ltd. (OTCMKTS:TKGSY – Get Rating) was the target of a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 43,300 shares, a decrease of 16.7% from the February 13th total of 52,000 shares. Based on an average daily trading volume, of 50,100 shares, the short-interest ratio is currently 0.9 days.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on TKGSY shares. Daiwa Capital Markets downgraded shares of Tokyo Gas Co.,Ltd. from an “outperform” rating to a “neutral” rating in a research note on Monday, February 13th. Citigroup downgraded shares of Tokyo Gas Co.,Ltd. from a “buy” rating to a “neutral” rating in a research note on Wednesday, November 30th.

Tokyo Gas Co.,Ltd. Trading Down 1.0 %

OTCMKTS:TKGSY opened at $9.30 on Tuesday. The company’s 50 day moving average price is $9.77 and its 200-day moving average price is $9.26. Tokyo Gas Co.,Ltd. has a 52 week low of $8.28 and a 52 week high of $11.22.

Tokyo Gas Co.,Ltd. Company Profile

(Get Rating)

Tokyo Gas Co, Ltd. engages in the provision of city gas and other gas-related products. It operates through the following segments: Gas, Electric Power, Overseas Business, Energy-related, Real Estate, and Others. The Gas segment produces, supplies, and sells city gas and liquid gas. The Electric Power segment handles electric power services.