Bunzl plc (OTCMKTS:BZLFY - Get Free Report) was the recipient of a large decrease in short interest in March. As of March 15th, there was short interest totalling 700 shares, a decrease of 92.7% from the February 28th total of 9,600 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily volume of 123,700 shares, the short-interest ratio is presently 0.0 days.
Bunzl Stock Performance
Shares of Bunzl stock traded down $0.07 on Friday, hitting $19.26. 134,475 shares of the company's stock traded hands, compared to its average volume of 57,320. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.75 and a current ratio of 1.15. The firm's 50-day moving average is $20.46 and its 200 day moving average is $31.81. Bunzl has a 52-week low of $18.30 and a 52-week high of $24.57.
Analyst Upgrades and Downgrades
A number of brokerages have commented on BZLFY. Citigroup upgraded Bunzl from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 13th. Peel Hunt raised Bunzl to a "moderate buy" rating in a research report on Wednesday, March 5th. Hsbc Global Res upgraded shares of Bunzl from a "hold" rating to a "strong-buy" rating in a research note on Thursday, March 20th. Royal Bank of Canada upgraded shares of Bunzl from a "hold" rating to a "moderate buy" rating in a research note on Monday, December 16th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Bunzl from a "hold" rating to a "buy" rating in a research note on Monday, March 24th. One equities research analyst has rated the stock with a hold rating, one has issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Buy".
Check Out Our Latest Report on BZLFY
About Bunzl
(
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Bunzl plc operates as a distribution and services company in the North America, Continental Europe, the United Kingdom, Ireland, and internationally. The company offers food packaging, films, labels, cleaning and hygiene supplies, and personal protection equipment to grocery stores, supermarkets, and convenience stores.
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