Elekta AB (publ) (OTCMKTS:EKTAY – Get Free Report) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 400 shares, an increase of 300.0% from the February 28th total of 100 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 22,500 shares, the short-interest ratio is currently 0.0 days.
Analysts Set New Price Targets
Separately, Sanford C. Bernstein upgraded shares of Elekta AB (publ) from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 29th.
Read Our Latest Report on EKTAY
Elekta AB (publ) Price Performance
Elekta AB (publ) (OTCMKTS:EKTAY – Get Free Report) last released its earnings results on Friday, February 21st. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.01). Elekta AB (publ) had a net margin of 5.65% and a return on equity of 11.07%. The company had revenue of $416.86 million for the quarter, compared to analyst estimates of $435.89 million. On average, equities research analysts predict that Elekta AB will post 0.36 EPS for the current fiscal year.
Elekta AB (publ) Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Thursday, March 27th. Shareholders of record on Friday, March 7th were given a $0.1072 dividend. The ex-dividend date of this dividend was Friday, March 7th. Elekta AB (publ)’s payout ratio is 44.00%.
Elekta AB (publ) Company Profile
Elekta AB (publ), a medical technology company, provides clinical solutions for treating cancer and brain disorders worldwide. The company offers Versa HD, a brain metastases solution; Elekta Unity for real-time MR visualization; Elekta Harmony, a linear accelerator; Elekta Infinity for treating a range of patients with simple-to-complex radiotherapy needs; Elekta Synergy, a digital accelerator for image guided radiation therapy; treatment and workflow management solutions; radiation and medical oncology; and other patient services.
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