dormakaba Holding AG (OTCMKTS:DRRKF – Get Rating) was the recipient of a significant decline in short interest in April. As of April 15th, there was short interest totalling 1,800 shares, a decline of 61.7% from the March 31st total of 4,700 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 18.0 days.
dormakaba Stock Performance
OTCMKTS DRRKF opened at $388.56 on Thursday. The stock’s 50 day simple moving average is $378.94 and its 200 day simple moving average is $408.85. dormakaba has a one year low of $335.15 and a one year high of $388.56.
Wall Street Analysts Forecast Growth
Separately, Jefferies Financial Group raised dormakaba from a “hold” rating to a “buy” rating in a research report on Thursday, February 23rd.
dormakaba Company Profile
dormakaba Holding AG provides access and security solutions worldwide. The company operates through Region Americas, Region Asia Pacific, Region Europe & Africa, and Key & Wall Solutions segments. It offers door hardware products, such as door closer systems, door locks, and escape route systems; and entrance systems, including sliding, revolving, swing doors, as well as sensor barriers and speed and self-boarding gates.
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