Naturgy Energy Group, S.A. (OTCMKTS:GASNY) Stock Short Interest Report for October

Naturgy Energy Group, S.A. (OTCMKTS:GASNY) was the target of a large drop in short interest during the month of October. As of October 30th, there was short interest totaling 23,765 shares, a drop of 80.3% from the October 15th total of 120,844 shares. Based on an average daily volume of 61,477 shares, the short-interest ratio is presently 0.4 days.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Oddo Bhf raised Naturgy Energy Group to an “outperform” rating in a report on Thursday, September 10th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Naturgy Energy Group in a report on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company. According to data from MarketBeat.com, Naturgy Energy Group has a consensus rating of “Buy”.

Naturgy Energy Group Stock Performance

Shares of GASNY stock traded up $0.02 during trading hours on Thursday, reaching $6.62. The company had a trading volume of 5,002 shares, compared to its average volume of 57,936. The business has a fifty day moving average price of $6.70 and a 200-day moving average price of $6.45. Naturgy Energy Group has a one year low of $5.61 and a one year high of $6.99.

About Naturgy Energy Group

Naturgy Energy Group, S.A. is a Spain-based international energy company engaged primarily in the supply, distribution and commercialization of natural gas and electricity. The company serves residential, commercial and industrial customers and operates across multiple segments of the energy value chain, including gas and power infrastructure, energy marketing and related services. Naturgy also develops and operates renewable energy projects, including wind and solar generation, and participates in electricity generation from other sources.