The stocks of ADDYY have been the target of quite a significant reduction in their short interest for the month of June. As far as reports for the 30th of June go, the short interest has a total shares amount of 7,700- which is quite a decline of around 77.5% from the 15th June total of 34,200 shares.
The Stock Commentary of ADDYY
There have been quite a few research equities that have commented on the stocks of ADDYY. Zacks Investment Research has already reduced the rating of the company from buy to hold in a Monday research report. Societe Generale has also increased the rating of the company from average to buy in a 9th July research report.
Berenberg Bank has reiterated its rating of buy in a 2nd July research report. JPMorgan Chase & Co has already put up a rating of neutral in a 2nd July research report. In the end, Citigroup went on to reiterate its rating of buy in a 21st May research report.
Eight of the investment analysts have already prescribed a rating of hold for the company, while eight others have issued a rating of buy for the company stocks. Currently, ADDYY has a buy rating with a $203 price target.
The stocks of ADDYY traded on Thursday at $190.94. The quick ratio of the company is 1.10, with a 1.54 current ratio along with a 0.33 debt-to-equity ratio. The market cap of the firm is $74.84 billion, with a 67.68 PE ratio and a 5.07 PEG ratio. The year low of the company is $134.96 with a year high coming to $191.43. The moving average price of the company over a period of 50 days is $180.79.