Posted by admin on Aug 2nd, 2022
Schweiter Technologies AG (OTCMKTS:SCWTF – Get Rating) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totalling 500 shares, an increase of 25.0% from the June 30th total of 400 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Shares of SCWTF stock opened at $882.95 on Tuesday. The company’s 50 day moving average is $882.95 and its 200 day moving average is $987.86. Schweiter Technologies has a 52-week low of $882.95 and a 52-week high of $1,558.00.
Separately, UBS Group cut their price objective on shares of Schweiter Technologies from CHF 1,150 to CHF 860 in a report on Friday, April 29th.
Schweiter Technologies AG engages in the development, production, and distribution of extruded and cast plastic sheets, composite panels, and core materials for composite structures in Europe, the Americas, Asia, and internationally. The company offers new generation for traffic signs made from aluminum composite panels; decorative façade material and innovative roof cladding made from aluminum composite panels; individual photo wall, printed on lightweight foam sheets; and cycle shelter with optimum weather protection from extruded acrylic sheets.
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