Naturgy Energy Group, S.A. (OTCMKTS:GASNY) Sees Large Decrease in Short Interest

Naturgy Energy Group, S.A. (OTCMKTS:GASNY) was the recipient of a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 23,765 shares, a drop of 80.3% from the October 15th total of 120,844 shares. Based on an average daily trading volume, of 61,477 shares, the days-to-cover ratio is currently 0.4 days.

Analyst Upgrades and Downgrades

Several analysts have commented on GASNY shares. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Naturgy Energy Group in a research note on Tuesday, August 11th. Oddo Bhf upgraded Naturgy Energy Group to an “outperform” rating in a research note on Thursday, September 10th. One research analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. According to MarketBeat, Naturgy Energy Group has a consensus rating of “Buy”.

Naturgy Energy Group Price Performance

Naturgy Energy Group stock opened at $6.66 on Friday. Naturgy Energy Group has a one year low of $5.61 and a one year high of $6.99. The business has a fifty day moving average of $6.70 and a two-hundred day moving average of $6.45.

Naturgy Energy Group Company Profile

Naturgy Energy Group, S.A. is a Spain-based international energy company engaged primarily in the supply, distribution and commercialization of natural gas and electricity. The company serves residential, commercial and industrial customers and operates across multiple segments of the energy value chain, including gas and power infrastructure, energy marketing and related services. Naturgy also develops and operates renewable energy projects, including wind and solar generation, and participates in electricity generation from other sources.