Could AGFA GEVAERT NV ORDINARY SHARES (OTCMKTS:AFGVF) See a Reversal After Less Sellers Came In?

September 14, 2018 - By Jack Shaw

Agfa-Gevaert NV (OTCMKTS:AFGVF) Logo

The stock of AGFA GEVAERT NV ORDINARY SHARES (OTCMKTS:AFGVF) registered a decrease of 63.75% in short interest. AFGVF’s total short interest was 103,700 shares in September as published by FINRA. Its down 63.75% from 286,100 shares, reported previously. With 300 shares average volume, it will take short sellers 346 days to cover their AFGVF’s short positions.

It closed at $4.58 lastly. It is down 0.00% since September 14, 2017 and is . It has underperformed by 15.62% the S&P500.

Agfa-Gevaert NV develops, produces, and distributes various analog and digital imaging systems, and IT solutions for the printing industry and the healthcare sector, as well as for specific industrial applications worldwide. The company has market cap of $729.47 million. The firm operates through three divisions: Agfa Graphics, Agfa HealthCare, and Agfa Specialty Products. It has a 44.04 P/E ratio. The Agfa Graphics segment provides integrated prepress solutions that range from computer to-plate systems and printing plates to color management, workflow automation, and security design software for commercial, newspaper, and packaging printers.

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