Boyd Group Services Inc. (OTCMKTS:BYDGF) Short Interest Update

Boyd Group Services Inc. (OTCMKTS:BYDGF) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 217,000 shares, a growth of 60.9% from the December 15th total of 134,900 shares. Based on an average trading volume of 7,400 shares, the days-to-cover ratio is presently 29.3 days.

Boyd Group Services Trading Up 0.2 %

BYDGF stock traded up $0.36 during midday trading on Thursday, reaching $152.36. The company’s stock had a trading volume of 5,614 shares, compared to its average volume of 6,624. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.55 and a current ratio of 0.70. The stock has a fifty day simple moving average of $152.34 and a two-hundred day simple moving average of $160.34. Boyd Group Services has a 1 year low of $140.89 and a 1 year high of $244.81. The firm has a market capitalization of $3.27 billion, a price-to-earnings ratio of 79.77 and a beta of 0.57.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on BYDGF. Royal Bank of Canada upgraded Boyd Group Services to a “moderate buy” rating in a research report on Wednesday, November 6th. Stifel Canada upgraded Boyd Group Services to a “strong-buy” rating in a research note on Tuesday, October 15th.

About Boyd Group Services

Boyd Group Services Inc, together with its subsidiaries, operates non-franchised collision repair centers in North America. The company operates its locations under the Boyd Autobody & Glass and Assured Automotive names in Canada; and Gerber Collision & Glass name in the United States. It also operates as a retail auto glass operator under the Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, and Autoglassonly.com names in the United States.