ORIX Co. (NYSE:IX – Get Free Report) saw a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 781,300 shares, an increase of 500.1% from the February 13th total of 130,200 shares. Based on an average daily volume of 189,900 shares, the days-to-cover ratio is presently 4.1 days. Currently, 0.3% of the shares of the company are sold short.
ORIX Price Performance
Shares of NYSE:IX traded up $0.28 during trading on Friday, hitting $21.19. 33,452 shares of the company’s stock were exchanged, compared to its average volume of 118,987. The business’s 50-day simple moving average is $20.83 and its 200 day simple moving average is $21.93. The company has a market cap of $25.75 billion, a price-to-earnings ratio of 1.84, a PEG ratio of 0.97 and a beta of 0.94. ORIX has a 52-week low of $18.11 and a 52-week high of $25.17. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.77 and a quick ratio of 1.73.
ORIX (NYSE:IX – Get Free Report) last announced its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $0.51 EPS for the quarter, topping the consensus estimate of $0.50 by $0.01. ORIX had a net margin of 13.66% and a return on equity of 9.73%. As a group, equities analysts predict that ORIX will post 11.31 EPS for the current year.
Institutional Investors Weigh In On ORIX
Analyst Ratings Changes
Separately, StockNews.com upgraded ORIX from a “hold” rating to a “buy” rating in a research note on Saturday, March 1st.
Read Our Latest Stock Report on IX
About ORIX
ORIX Corporation provides diversified financial services in Japan, the United States, Asia, Europe, Australasia, and the Middle East. The company's Corporate Financial Services and Maintenance Leasing segment is involved in the finance and fee; leasing and rental of automobiles, electronic measuring instruments, and ICT-related equipment businesses; and provision of life insurance and environment and energy-related products and services.
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