Jenoptik AG (OTCMKTS:JNPKF – Get Free Report) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 2,962 shares, a growth of 80.8% from the September 15th total of 1,638 shares. Based on an average trading volume of 21 shares, the days-to-cover ratio is presently 141.0 days.
Jenoptik Stock Performance
Shares of Jenoptik stock remained flat at $43.40 during trading hours on Friday. 3 shares of the company’s stock were exchanged, compared to its average volume of 5,346. Jenoptik has a 12-month low of $20.40 and a 12-month high of $56.25. The business has a 50 day simple moving average of $45.62 and a two-hundred day simple moving average of $45.32.
Analyst Ratings Changes
JNPKF has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Jenoptik in a research note on Thursday, August 13th. Jefferies Financial Group reiterated a “buy” rating on shares of Jenoptik in a report on Thursday, September 10th. Finally, UBS Group restated a “neutral” rating on shares of Jenoptik in a report on Friday, August 28th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.
Get Our Latest Analysis on JNPKF
About Jenoptik
JENOPTIK AG is a Germany-based photonics and optical technology company headquartered in Jena. The company develops and manufactures solutions that use light, optics, electronics and precision engineering for industrial, semiconductor, medical and mobility applications.
Its products and services include optical and laser systems, semiconductor equipment, industrial measurement and inspection technology, medical imaging and diagnostic solutions, and traffic-monitoring systems. Jenoptik also provides technologies for smart mobility, including systems used for road safety and automated traffic enforcement.
Jenoptik serves customers internationally, with operations and business relationships across Europe, North America and Asia.
Further Reading
- Five stocks we like better than Jenoptik
- Bank of America Stock Sell-Off Looks Like a Buying Opportunity
- AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff?
- GlobalFoundries’ $21 Billion Deal Could Change the Economics of Chipmaking
- Fundamental and Technicals Signals Align for Costco: Is the Stock Finally Breaking Out?
Receive News & Ratings for Jenoptik Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jenoptik and related companies with MarketBeat.com's FREE daily email newsletter.
