Carlsberg A/S (OTCMKTS:CABGY) Short Interest Down 14.3% in December

by · The Markets Daily

Carlsberg A/S (OTCMKTS:CABGY – Get Free Report) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 8,400 shares, a decrease of 14.3% from the December 15th total of 9,800 shares. Based on an average daily trading volume, of 686,200 shares, the short-interest ratio is presently 0.0 days.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on CABGY shares. Barclays lowered Carlsberg A/S from a “hold” rating to a “strong sell” rating in a report on Thursday, November 14th. BNP Paribas downgraded Carlsberg A/S from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th.

Check Out Our Latest Research Report on Carlsberg A/S

Carlsberg A/S Price Performance

CABGY traded up $0.36 during trading on Friday, hitting $19.31. The stock had a trading volume of 1,024,939 shares, compared to its average volume of 290,709. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.46 and a current ratio of 0.59. Carlsberg A/S has a twelve month low of $18.21 and a twelve month high of $29.59. The company’s 50-day moving average price is $19.88 and its 200 day moving average price is $22.23.

About Carlsberg A/S

(Get Free Report)

Carlsberg A/S produces and sells beer and other beverage products in Denmark, China, the United Kingdom, and internationally. The company offers core, craft, and specialty beers; soft drinks; and alcohol-free brews under various brands. The company was founded in 1847 and is headquartered in Copenhagen, Denmark.

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