Short Interest to Follow: Is CARLSBERG AS (OTCMKTS:CABGY) a Buy? The Stock Reported more Sellers

November 28, 2016 - By Ruchi Gupta   ·   0 Comments

Short Interest to Follow: Is CARLSBERG AS (OTCMKTS:CABGY) a Buy? The Stock Reported more Sellers

The stock of CARLSBERG AS (OTCMKTS:CABGY) registered an increase of 101.02% in short interest. CABGY’s total short interest was 39,600 shares in November as published by FINRA. Its up 101.02% from 19,700 shares, reported previously. With 95,000 shares average volume, it will take short sellers 0 days to cover their CABGY’s short positions. About 30,989 shares traded hands. Carlsberg A S (ADR) (OTCMKTS:CABGY) has declined 11.53% since April 25, 2016 and is downtrending. It has underperformed by 17.54% the S&P500.

Carlsberg A/S is a Denmark-based company active within the brewing industry. The company has a market cap of $10.03 billion. It is primarily engaged in the production, marketing and sale of beer and soft drinks. It currently has negative earnings. The Company’s portfolio consists of more than 500 beer brands, including Carlsberg, Kronenbourg, Baltika, Holsten, Tuborg, Lav and Lvivske, among others.

Carlsberg A S (ADR) (OTCMKTS:CABGY) Ratings Coverage

Out of 6 analysts covering Carlsberg AS (OTCMKTS:CABGY), 1 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 17% are positive. Carlsberg AS has been the topic of 9 analyst reports since August 20, 2015 according to StockzIntelligence Inc. As per Thursday, August 20, the company rating was downgraded by Societe Generale. The rating was upgraded by RBC Capital Markets to “Outperform” on Tuesday, January 26. The stock of Carlsberg A S (ADR) (OTCMKTS:CABGY) has “Mkt Perform” rating given on Wednesday, January 6 by Bernstein. Societe Generale upgraded the stock to “Buy” rating in Thursday, January 7 report. The rating was initiated by Liberum Capital on Monday, October 3 with “Buy”. The stock has “Hold” rating given by Jefferies on Tuesday, September 13. Credit Suisse downgraded the shares of CABGY in a report on Thursday, August 20 to “Neutral” rating. The company was downgraded on Monday, August 22 by RBC Capital Markets. The firm has “Hold” rating by Societe Generale given on Friday, August 19.

More notable recent Carlsberg A S (ADR) (OTCMKTS:CABGY) news were published by: Etfdailynews.com which released: “The Real Winner From The Bud-Miller Merger” on October 01, 2015, also Marketwatch.com with their article: “Vietnam OKs Carlsberg to raise Habeco stake to 30%” published on November 12, 2012, Zacks.com published: “Brown Forman B: (BF.B)” on May 25, 2009. More interesting news about Carlsberg A S (ADR) (OTCMKTS:CABGY) were released by: Valuewalk.com and their article: “As Americans Shun Beer in Favor of Liquor and Wine, Who Wins?” published on August 06, 2013 as well as Marketwatch.com‘s news article titled: “Cocktails with a twist: Millennial consumers seek ‘healthier’ drinks” with publication date: July 24, 2016.

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By Ruchi Gupta


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