Voestalpine AG (OTCMKTS:VLPNY - Get Free Report) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 3,100 shares, an increase of 3,000.0% from the December 15th total of 100 shares. Based on an average trading volume of 1,400 shares, the short-interest ratio is presently 2.2 days.
Analysts Set New Price Targets
Separately, BNP Paribas downgraded Voestalpine from a "strong-buy" rating to a "hold" rating in a research report on Friday, January 3rd.
Read Our Latest Stock Analysis on VLPNY
Voestalpine Trading Down 2.5 %
Shares of VLPNY traded down $0.09 during mid-day trading on Monday, hitting $3.37. 358 shares of the stock were exchanged, compared to its average volume of 2,464. The company has a quick ratio of 0.52, a current ratio of 1.39 and a debt-to-equity ratio of 0.19. Voestalpine has a 52-week low of $3.37 and a 52-week high of $6.05. The firm has a 50-day moving average of $3.78 and a two-hundred day moving average of $4.41.
Voestalpine Company Profile
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Voestalpine AG processes, develops, manufactures, and sells steel products in Austria, European Union, and internationally. The company operates through five segments: Steel, High Performance Metals, Metal Engineering, Metal Forming, and Other. The Steel division produces hot and cold-rolled steel strips, as well as electrogalvanized, hot-dip galvanized, and organically coated steel strips; and heavy plates for the energy sector, as well as turbine casings for automotive, white goods/consumer goods, building/construction, energy, mechanical engineering, and others.
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