Texxon Holding Limited (NASDAQ:NPT – Get Free Report) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 1,564 shares, an increase of 70.0% from the September 30th total of 920 shares. Based on an average daily volume of 20,366 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.
Texxon Stock Up 6.6%
Shares of NASDAQ NPT opened at $1.77 on Wednesday. Texxon has a 12 month low of $1.14 and a 12 month high of $22.38. The business has a fifty day simple moving average of $2.55 and a 200-day simple moving average of $4.39.
Analysts Set New Price Targets
A number of analysts recently weighed in on NPT shares. Weiss Ratings upgraded shares of Texxon from a “sell (e)” rating to a “sell (d-)” rating in a report on Monday, July 13th. Wall Street Zen upgraded shares of Texxon from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.
View Our Latest Stock Analysis on NPT
About Texxon
Texxon Holding Limited is a provider of supply chain management services in the plastics and chemical industries principally in East China. Texxon Holding Limited is based in Shanghai, China.
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