Serco Group plc (OTCMKTS:SECCF) Short Interest Update

Serco Group plc (OTCMKTS:SECCF) was the recipient of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 1,073 shares, a decline of 79.1% from the July 30th total of 5,125 shares. Based on an average daily volume of 4 shares, the short-interest ratio is presently 268.2 days.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on SECCF. Citigroup restated a “buy” rating on shares of Serco Group in a research report on Friday, August 7th. BNP Paribas Exane raised shares of Serco Group from a “neutral” rating to an “outperform” rating in a report on Wednesday, August 12th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Serco Group currently has a consensus rating of “Moderate Buy”.

Serco Group Stock Performance

Shares of SECCF stock opened at $3.19 on Wednesday. The business has a 50-day moving average of $3.15 and a 200 day moving average of $3.52. Serco Group has a 1-year low of $2.66 and a 1-year high of $4.37.

Serco Group Company Profile

Serco Group plc is a UK-based provider of public services and infrastructure management solutions, serving governments and private sector organizations around the world. The company offers end-to-end delivery of mission-critical services, combining operational expertise with technology and consultancy capabilities to support defense, security, transport, health, and citizen services.

In the defense and security sector, Serco delivers training, simulation, and logistics support to armed forces and intelligence agencies.