Kingspan Group plc (OTCMKTS:KGSPY) Stock Short Interest Report for October

Kingspan Group plc (OTCMKTS:KGSPY) was the target of a significant decrease in short interest during the month of October. As of October 30th, there was short interest totaling 97 shares, a decrease of 99.2% from the October 15th total of 11,735 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 47,838 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

KGSPY has been the topic of several research reports. Zacks Research downgraded shares of Kingspan Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 9th. Jefferies Financial Group raised shares of Kingspan Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 18th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy”.

Kingspan Group Trading Down 2.3%

Shares of KGSPY traded down $2.49 during mid-day trading on Thursday, reaching $107.00. The stock had a trading volume of 10,608 shares, compared to its average volume of 18,601. Kingspan Group has a 52-week low of $73.82 and a 52-week high of $124.91. The business’s fifty day moving average is $111.22 and its 200 day moving average is $98.33.

Kingspan Group Company Profile

Kingspan Group is an Ireland-based building materials company that develops products and systems for building insulation and construction. Its offerings include insulated panels and insulation boards used in commercial, industrial and residential buildings. The company also provides solutions for roofing and waterproofing, daylighting and ventilation, and building flooring and data infrastructure. These products are designed to support energy efficiency and the performance of building envelopes.