Bechtle AG (OTCMKTS:BECTY – Get Free Report) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 600 shares, a growth of 100.0% from the August 31st total of 300 shares. Based on an average trading volume of 1,200 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 1,200 shares, the days-to-cover ratio is currently 0.5 days.
Bechtle Price Performance
Shares of BECTY stock opened at $9.27 on Monday. The stock has a fifty day moving average of $9.23 and a 200 day moving average of $8.77. Bechtle has a 52 week low of $6.26 and a 52 week high of $9.69.
Analyst Ratings Changes
Separately, BNP Paribas raised Bechtle from an “underperform” rating to an “outperform” rating in a research note on Wednesday, September 24th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Bechtle has an average rating of “Buy”.
Bechtle Company Profile
Bechtle AG provides information technology (IT) services primarily in Europe. The company operates through two segments, IT System House & Managed Services, and IT E-Commerce. The IT System House & Managed Services segment offers IT strategy consulting, hardware and software, project planning and implementation, system integration, IT, and training services for IT operation.
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