Boyd Group Services Inc. (OTCMKTS:BYDGF) Sees Large Decline in Short Interest

Boyd Group Services Inc. (OTCMKTS:BYDGF) was the target of a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 134,900 shares, a drop of 9.9% from the November 30th total of 149,700 shares. Based on an average daily volume of 7,700 shares, the short-interest ratio is presently 17.5 days.

Boyd Group Services Price Performance

Shares of BYDGF stock traded up $0.33 during trading on Monday, hitting $150.14. The company had a trading volume of 1,263 shares, compared to its average volume of 2,449. The firm has a market capitalization of $3.22 billion, a P/E ratio of 78.61 and a beta of 0.56. Boyd Group Services has a one year low of $142.14 and a one year high of $244.81. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.55 and a current ratio of 0.70. The stock’s 50-day moving average price is $154.08 and its 200 day moving average price is $163.94.

Analyst Ratings Changes

A number of research analysts have commented on BYDGF shares. Stifel Canada raised Boyd Group Services to a “strong-buy” rating in a report on Tuesday, October 15th. Royal Bank of Canada upgraded shares of Boyd Group Services to a “moderate buy” rating in a research note on Wednesday, November 6th.

Boyd Group Services Company Profile

Boyd Group Services Inc, together with its subsidiaries, operates non-franchised collision repair centers in North America. The company operates its locations under the Boyd Autobody & Glass and Assured Automotive names in Canada; and Gerber Collision & Glass name in the United States. It also operates as a retail auto glass operator under the Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, and Autoglassonly.com names in the United States.