ALS Limited (OTCMKTS:CPBLF – Get Free Report) saw a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 1,756,200 shares, an increase of 28.3% from the March 15th total of 1,368,600 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 17,562.0 days.
ALS Trading Down 1.2 %
ALS stock traded down $0.12 during mid-day trading on Friday, hitting $9.53. The stock had a trading volume of 4,500 shares, compared to its average volume of 4,680. ALS has a one year low of $9.11 and a one year high of $10.36. The firm’s 50 day moving average is $9.57 and its 200 day moving average is $9.54.
Analysts Set New Price Targets
Separately, Royal Bank of Canada assumed coverage on shares of ALS in a research report on Wednesday, March 26th. They issued a “sector perform” rating on the stock.
ALS Company Profile
ALS Limited provides professional technical services primarily in the areas of testing, measurement, and inspection in Africa, Asia/Pacific, Europe, the Middle East, and the Americas. It operates in two segments, Commodities and Life Sciences. The Commodities segment offers assaying and analytical testing, and metallurgical services for the mining and mineral exploration companies.
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