Greggs plc (OTCMKTS:GGGSF – Get Free Report) was the target of a large decrease in short interest in February. As of February 28th, there was short interest totalling 207,700 shares, a decrease of 25.3% from the February 13th total of 277,900 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 2,077.0 days.
Greggs Stock Performance
Shares of OTCMKTS GGGSF remained flat at $25.50 during trading hours on Friday. The stock had a trading volume of 10 shares, compared to its average volume of 313. The firm’s 50 day moving average is $27.01 and its 200 day moving average is $33.94. Greggs has a 52-week low of $25.50 and a 52-week high of $35.30.
Analyst Upgrades and Downgrades
Separately, Deutsche Bank Aktiengesellschaft reissued a “sell” rating on shares of Greggs in a research report on Thursday, March 6th.
About Greggs
Greggs plc operates as a food-on-the-go retailer in the United Kingdom. It offers a range of fresh bakery products, sandwiches, and drinks. The company sells products to franchise and wholesale partners for sale in their own outlets. It is also involved in the property holding, non-trading, and trustee businesses.
Read More
- Five stocks we like better than Greggs
- Low PE Growth Stocks: Unlocking Investment Opportunities
- How to Build the Ultimate Everything ETF Portfolio
- What is a Dividend King?
- Dutch Bros or Starbucks: Which Coffee Stock Has More Growth?
- How to Invest in Tech Stocks and Top Tech Stocks to Consider
- 3 Stocks With High ROE and Market-Beating Growth Potential
Receive News & Ratings for Greggs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greggs and related companies with MarketBeat.com's FREE daily email newsletter.
