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

Boyd Group Services Inc. (OTCMKTS:BYDGF) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totalling 217,000 shares, a growth of 60.9% from the December 15th total of 134,900 shares. Based on an average daily volume of 7,400 shares, the days-to-cover ratio is presently 29.3 days.

Analyst Ratings Changes

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

Boyd Group Services Price Performance

Shares of Boyd Group Services stock traded up $1.25 on Wednesday, hitting $149.35. The company’s stock had a trading volume of 4,804 shares, compared to its average volume of 7,058. The company has a quick ratio of 0.55, a current ratio of 0.70 and a debt-to-equity ratio of 0.62. The firm has a fifty day moving average price of $152.39 and a 200-day moving average price of $160.40. Boyd Group Services has a 52-week low of $140.89 and a 52-week high of $244.81. The company has a market capitalization of $3.21 billion, a P/E ratio of 78.19 and a beta of 0.57.

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.