Ebara Co. (OTCMKTS:EBCOY) Sees Large Decrease in Short Interest

Ebara Co. (OTCMKTS:EBCOYGet Free Report) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 53,086 shares, a decrease of 48.1% from the June 30th total of 102,217 shares. Based on an average daily volume of 437,166 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

Separately, Smbc Nikko Sec. upgraded Ebara to a “hold” rating in a research note on Tuesday, June 16th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Ebara presently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Analysis on Ebara

Ebara Trading Down 6.5%

Shares of Ebara stock opened at $14.73 on Thursday. Ebara has a one year low of $9.03 and a one year high of $21.77. The company has a 50-day simple moving average of $17.97 and a two-hundred day simple moving average of $16.84.

Ebara (OTCMKTS:EBCOYGet Free Report) last announced its earnings results on Friday, May 15th. The company reported $0.13 earnings per share for the quarter, meeting the consensus estimate of $0.13. The firm had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.52 billion.

Ebara Company Profile

(Get Free Report)

Ebara Corporation (OTCMKTS:EBCOY) is a Tokyo‐headquartered engineering firm with a history dating back to its founding in 1912 as a pump manufacturer. Over more than a century of operations, the company has expanded its expertise to encompass a broad array of industrial and environmental machinery. Ebara’s core mission centers on delivering reliable, high‐performance equipment that supports critical infrastructure projects and industrial processes worldwide.

The company’s business is organized into three primary segments.

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