Turkiye Garanti Bankasi A.S. (OTCMKTS:TKGBY – Get Rating) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 102,200 shares, a drop of 23.3% from the December 31st total of 133,300 shares. Based on an average daily trading volume, of 87,400 shares, the short-interest ratio is currently 1.2 days.
Turkiye Garanti Bankasi A.S. Stock Performance
OTCMKTS:TKGBY opened at $1.28 on Friday. The firm has a fifty day simple moving average of $1.40 and a two-hundred day simple moving average of $1.19. Turkiye Garanti Bankasi A.S. has a 12 month low of $0.72 and a 12 month high of $1.69.
Get Turkiye Garanti Bankasi A.S. alerts:Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on the stock. Societe Generale raised shares of Turkiye Garanti Bankasi A.S. from a "hold" rating to a "buy" rating in a research note on Wednesday, October 26th. The Goldman Sachs Group began coverage on shares of Turkiye Garanti Bankasi A.S. in a report on Tuesday, October 11th. They issued a "neutral" rating for the company.
Turkiye Garanti Bankasi A.S. Company Profile
(Get Rating)
Turkiye Garanti Bankasi AS engages in the provision of service to its corporate, commercial and retail customers, including deposit, loans, foreign trade transactions, investment products, cash management, leasing, factoring, insurance, credit cards and other banking products. It operates through the followings segments: Retail Bank; Corporate and Commercial Banking; and Investment Banking.
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