Scout24 SE (OTCMKTS:SCOTF – Get Free Report) saw a significant decline in short interest in September. As of September 15th, there was short interest totaling 64,200 shares, a decline of 59.3% from the August 31st total of 157,715 shares. Based on an average daily trading volume, of 164 shares, the short-interest ratio is currently 391.5 days.
Scout24 Price Performance
Scout24 stock opened at $76.49 on Wednesday. The firm’s fifty day moving average is $83.85 and its 200 day moving average is $90.73. Scout24 has a 52-week low of $76.49 and a 52-week high of $85.00.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group initiated coverage on Scout24 in a report on Thursday, June 4th. They set a “buy” rating for the company. Six research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy”.
Scout24 Company Profile
Scout24 SE is a Germany-based digital marketplace and technology company focused primarily on the real estate sector. Its principal platform, ImmoScout24, connects people seeking to buy, sell, rent or finance property with real estate agents, landlords, developers, lenders and other service providers.
Through ImmoScout24 and related services, Scout24 provides property listings, search and matching tools, marketing solutions, valuation and financing services, and digital products designed to support real estate transactions.
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