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Sysmex Co., Smurfit Kappa Group Plc, ams-OSRAM, and Synthomer Experience Significant Market Changes

2024-03-29 07:59:27.958000

In February, both Sysmex Co. (OTCMKTS:SSMXY) and Smurfit Kappa Group Plc (OTCMKTS:SMFKY) saw a substantial increase in short interest. For Sysmex Co., the short interest totaled 30,600 shares as of February 15th, which is a 71.9% increase from the previous month's total of 17,800 shares. The days-to-cover ratio, based on an average trading volume of 181,300 shares, is currently 0.2 days. On Friday, the stock traded up $0.49, reaching $27.91. The trading volume for the day was 22,189 shares, compared to the average volume of 59,609 shares. Sysmex Co. has a 1-year low of $22.18 and a 1-year high of $36.57. The company has a market capitalization of $11.71 billion, a PE ratio of 36.08, and a beta of 0.68. The company reported earnings of $0.20 per share for the quarter, missing the consensus estimate of $0.24 by ($0.04). The company's revenue for the quarter was $770.84 million. Sysmex Co. has a net margin of 10.25% and a return on equity of 11.15%. Analysts anticipate that the company will post earnings of $0.86 per share for the current year [054e8721].

As for Smurfit Kappa Group Plc, short interest increased by 94.2% in February. As of February 15th, a total of 20,200 shares were shorted, compared to the previous total of 10,400 shares on January 31st. The short-interest ratio is currently 0.6 days based on an average trading volume of 35,100 shares. Smurfit Kappa Group stock traded at $42.76 on Friday, with a 12-month low of $30.66 and a 12-month high of $43.12. The company manufactures and sells containerboard, corrugated containers, and other paper-based packaging products in the Americas and Europe [5352eb40].

Meanwhile, ams-OSRAM (OTCMKTS:AMSSY) shares reached a new 52-week low during trading on Friday, reaching as low as $0.67. The stock had previously closed at $0.77. The company has a 50-day moving average of $1.13 and a 200-day moving average of $1.88. The stock has a market cap of $1.38 billion, a PE ratio of -0.24, and a beta of 1.43. ams-OSRAM last released its quarterly earnings results on February 9th, reporting ($0.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.01 by ($0.03). The company had revenue of $977.73 million for the quarter. Equities research analysts predict that ams-OSRAM AG will post 0.04 EPS for the current fiscal year [d87ff079].

Shares of Synthomer plc (LON:SYNT) passed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of GBX 177.18 ($2.24) and traded as high as GBX 263 ($3.32). Synthomer shares last traded at GBX 259.80 ($3.28), with a volume of 581,866 shares. Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 320 ($4.04) price objective on shares of Synthomer in a research report on Wednesday, March 13th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Synthomer has an average rating of "Moderate Buy" and a consensus target price of GBX 224.50 ($2.84). The stock has a 50-day simple moving average of GBX 166.82 and a 200-day simple moving average of GBX 177.18. The firm has a market cap of £424.95 million, a PE ratio of -216.50, a price-to-earnings-growth ratio of -0.17 and a beta of 1.68. The company has a current ratio of 1.95, a quick ratio of 0.97 and a debt-to-equity ratio of 79.72. Synthomer plc operates as a specialty chemicals company in the United Kingdom and internationally. It operates through five segments: Performance Elastomers, Functional Solutions, Industrial Specialities, Acrylate Monomers, and Adhesive Technologies. The company offers adhesives, coatings products, and more. Synthomer has an average rating of "Moderate Buy" and a consensus target price of GBX 224.50 ($2.84) [772321ed].

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