Boyd Group Services Inc. (OTCMKTS:BYDGF) Short Interest Update

Boyd Group Services Inc. (OTCMKTS:BYDGF) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totalling 88,300 shares, a decrease of 30.0% from the September 30th total of 126,100 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is presently 147.2 days.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Cibc World Mkts upgraded shares of Boyd Group Services to a “strong-buy” rating in a report on Friday, August 9th. Stifel Canada raised shares of Boyd Group Services to a “strong-buy” rating in a research report on Tuesday, October 15th. Finally, The Goldman Sachs Group upgraded shares of Boyd Group Services to a “strong sell” rating in a report on Thursday, August 8th.

Boyd Group Services Price Performance

OTCMKTS BYDGF opened at $152.76 on Tuesday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.47 and a current ratio of 0.61. The stock has a 50-day moving average of $158.23 and a 200 day moving average of $172.80. Boyd Group Services has a one year low of $143.50 and a one year high of $244.81. The company has a market capitalization of $3.28 billion, a price-to-earnings ratio of 44.28 and a beta of 0.65.

Boyd Group Services (OTCMKTS:BYDGF) last released its quarterly earnings results on Thursday, August 8th. The company reported $0.56 earnings per share for the quarter. The firm had revenue of $779.16 million for the quarter. Boyd Group Services had a return on equity of 7.61% and a net margin of 1.93%.

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.