ALS Limited (OTCMKTS:CPBLF) Short Interest Down 48.8% in April

ALS Limited (OTCMKTS:CPBLF) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 74,827 shares, a drop of 48.8% from the April 15th total of 146,011 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

ALS Price Performance

Shares of CPBLF opened at $16.11 on Monday. ALS has a one year low of $13.20 and a one year high of $18.19. The business has a fifty day moving average of $14.76 and a 200 day moving average of $14.34.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group set a $28.00 target price on ALS and gave the company a “buy” rating in a research note on Thursday, January 29th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $28.00.

About ALS

ALS Limited (OTCMKTS:CPBLF) is a global provider of testing, inspection and certification services across a wide range of industries. The company offers analytical and advisory support designed to help clients meet regulatory standards, manage risk and optimise product quality. Its core services include environmental testing, food and pharmaceutical analysis, industrial inspection and specialist geochemistry.

In the environmental sector, ALS delivers water, soil and air quality testing for government agencies and private organisations, supporting initiatives in pollution monitoring and remediation.