Nagarro SE (OTCMKTS:NGRRF) Stock Short Interest Report for October

Nagarro SE (OTCMKTS:NGRRF) saw a large drop in short interest in October. As of October 15th, there was short interest totaling 300 shares, a drop of 93.5% from the September 30th total of 4,587 shares. Based on an average daily volume of 4 shares, the short-interest ratio is presently 75.0 days.

Analysts Set New Price Targets

Separately, Jefferies Financial Group cut shares of Nagarro to a “hold” rating in a research report on Tuesday, August 25th. One research analyst has rated the stock with a Hold rating. According to data from MarketBeat, Nagarro presently has a consensus rating of “Hold”.

Nagarro Trading Down 1.7%

Nagarro stock opened at $87.81 on Tuesday. The stock has a 50-day moving average price of $89.66 and a two-hundred day moving average price of $71.85. Nagarro has a 12 month low of $38.58 and a 12 month high of $92.72.

Nagarro Company Profile

Nagarro SE is a global digital engineering and technology services company headquartered in Munich, Germany. The company helps organizations design, build, modernize and operate digital products, platforms and business systems, serving clients across industries and geographies.

Its services include digital product engineering, cloud and infrastructure services, enterprise resource planning, customer experience and user-interface design, data and analytics, artificial intelligence, cybersecurity, and technology consulting.