Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) Short Interest Up 68.1% in February

Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY - Get Free Report) was the recipient of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 38,000 shares, an increase of 68.1% from the February 13th total of 22,600 shares. Based on an average daily trading volume, of 286,600 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company's stock are sold short.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on IDEXY shares. Royal Bank of Canada lowered shares of Industria de Diseño Textil from a "hold" rating to a "strong sell" rating in a research note on Thursday, December 12th. Citigroup raised Industria de Diseño Textil to a "strong-buy" rating in a research report on Thursday, March 13th.

Industria de Diseño Textil Stock Up 1.7 %

Shares of IDEXY traded up $0.43 during midday trading on Wednesday, reaching $25.19. 368,938 shares of the stock were exchanged, compared to its average volume of 329,257. Industria de Diseño Textil has a 12-month low of $22.31 and a 12-month high of $30.11. The firm has a 50 day simple moving average of $26.53 and a 200-day simple moving average of $27.34. The company has a market cap of $157.02 billion, a price-to-earnings ratio of 24.94, a P/E/G ratio of 2.38 and a beta of 1.11.

Industria de Diseño Textil (OTCMKTS:IDEXY - Get Free Report) last posted its quarterly earnings results on Wednesday, March 12th. The company reported $0.24 earnings per share for the quarter, missing analysts' consensus estimates of $0.25 by ($0.01). Industria de Diseño Textil had a return on equity of 32.33% and a net margin of 15.19%. The firm had revenue of $11.96 billion for the quarter, compared to analysts' expectations of $11.13 billion. Research analysts expect that Industria de Diseño Textil will post 0.99 earnings per share for the current fiscal year.

Remove Ads

Industria de Diseño Textil Company Profile

Industria de Diseño Textil, SA engages in the retail and online distribution of clothing, footwear, accessories, and household products. The company sells its products under the Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Zara Home brands. It is also involved in the textile manufacturing, logistics, design, insurance, construction, and real estate businesses, as well as provides financial services.