PVA TePla AG (OTCMKTS:TPLKF – Get Free Report) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 61,193 shares, an increase of 69.4% from the July 15th total of 36,114 shares. Based on an average daily volume of 50 shares, the short-interest ratio is presently 1,223.9 days.
PVA TePla Stock Performance
Shares of OTCMKTS TPLKF remained flat at $36.98 during trading on Monday. The firm has a 50-day moving average price of $45.40 and a 200 day moving average price of $39.95. PVA TePla has a 52-week low of $24.00 and a 52-week high of $51.00.
Analysts Set New Price Targets
Separately, Jefferies Financial Group reissued a “buy” rating on shares of PVA TePla in a report on Thursday, May 7th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.
About PVA TePla
PVA TePla AG, together with its subsidiaries, develops and produces process in areas of semiconductor, metal, electrical/electronics, and optical sectors worldwide. The company operates through Semiconductor Systems and Industrial Systems segments. The Semiconductor Systems segment provides solutions and systems for the semiconductor industry, including crystal growing systems, metrology systems for quality control, and plasma systems for removing surface contamination on wafers. The Industrial Systems segment offers solutions and systems for the production, finishing, and inspection of innovative materials; surface treatment; and cleaning and inspection, as well as monitoring production processes configured primarily for the needs and requirements of other industrial areas, such as the medical, electrical, or tool industries.
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