Chr. Hansen Holding A/S (OTCMKTS:CHYHY) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 18,100 shares, a growth of 524.1% from the September 15th total of 2,900 shares. Based on an average daily trading volume, of 257,400 shares, the short-interest ratio is presently 0.1 days.
Shares of Chr. Hansen Holding A/S stock traded up $0.66 during trading on Thursday, reaching $20.61. The company’s stock had a trading volume of 27,122 shares, compared to its average volume of 37,339. Chr. Hansen Holding A/S has a one year low of $19.63 and a one year high of $27.13. The business’s fifty day moving average price is $21.94 and its 200-day moving average price is $22.50.
A number of analysts have weighed in on the company. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Chr. Hansen Holding A/S in a research report on Tuesday, July 13th. UBS Group reiterated a “neutral” rating on shares of Chr. Hansen Holding A/S in a research note on Friday, July 9th. Barclays reiterated an “underweight” rating on shares of Chr. Hansen Holding A/S in a research note on Tuesday, July 13th. Finally, Berenberg Bank set a $22.54 price objective on Chr. Hansen Holding A/S and gave the stock a “hold” rating in a research note on Monday, July 12th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $22.54.
Chr. Hansen Holding A/S is a bioscience company, which engages in the development of natural solutions for the food, nutritional, pharmaceutical, and agricultural industries. It operates through the following segments: Food Cultures and Enzymes; Health and Nutrition; and Natural Colors. The Food Cultures and Enzymes segment produces and sells cultures, enzymes, and probiotic products that help determine the taste, flavor, texture, shelf life, nutritional value, and health benefits of consumer products in the food industry.
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