Toyo Suisan Kaisha, Ltd. (OTCMKTS:TSUKY – Get Free Report) was the target of a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 981 shares, a decline of 97.8% from the April 15th total of 45,617 shares. Based on an average trading volume of 8,650 shares, the days-to-cover ratio is presently 0.1 days.
Analyst Upgrades and Downgrades
Separately, Sanford C. Bernstein upgraded shares of Toyo Suisan Kaisha to a “market perform” rating in a research note on Friday, January 30th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold”.
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Toyo Suisan Kaisha Trading Down 0.4%
Toyo Suisan Kaisha Company Profile
Toyo Suisan Kaisha, Ltd. is a Japanese integrated food manufacturer established in 1953 and headquartered in Tokyo. The company is publicly traded on the Tokyo Stock Exchange and its shares are available in the United States through the OTCMKTS as TSUKY. Over more than six decades, Toyo Suisan has built a reputation for quality and innovation in the packaged foods industry.
At the core of Toyo Suisan’s operations is the production of instant noodles under the Maruchan and Toyo Suisan brands, offering a wide variety of flavors and formats including cup noodles, pouch-style noodles and bowl-type ramen.
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