Allegro.eu SA (OTCMKTS:ALEGF – Get Free Report) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 935,600 shares, a growth of 6.0% from the September 15th total of 882,400 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is currently 935.6 days.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on ALEGF shares. Citigroup upgraded shares of Allegro.eu from a “sell” rating to a “neutral” rating in a research report on Tuesday, October 3rd. Morgan Stanley raised shares of Allegro.eu from an “equal weight” rating to an “overweight” rating in a report on Wednesday, September 6th.
View Our Latest Stock Report on ALEGF
Allegro.eu Price Performance
Allegro.eu Company Profile
Allegro.eu SA operates a go-to commerce platform for consumers in Poland. It operates allegro.pl, an e-commerce marketplace that sell products in various categories, including automotive; home and garden; books, media, collectibles, and art; fashion and shoes; electronics; kids; health and beauty; sports and leisure; and supermarket.
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