Short Interest in Libbey Declines By 18.5% (LBY)

Share on StockTwits

Shares of Libbey (NYSE:LBY) were the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totalling 517,805 shares, a decrease of 18.5% from the July 15th total of 635,732 shares, ARN reports. Currently, 2.5% of the company’s stock are sold short. Based on an average trading volume of 122,579 shares, the days-to-cover ratio is currently 4.2 days.

Shares of Libbey (NYSE:LBY) opened at 26.05 on Thursday. Libbey has a 52-week low of $19.19 and a 52-week high of $28.00. The stock’s 50-day moving average is $25.45 and its 200-day moving average is $25.20. The company’s market cap is $563.1 million.

Libbey (NYSE:LBY) last issued its quarterly earnings data on Thursday, July 31st. The company reported $1.02 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.75 by $0.27. The company had revenue of $223.50 million for the quarter, compared to the consensus estimate of $213.97 million. During the same quarter last year, the company posted $0.84 earnings per share. Libbey’s revenue was up 6.5% compared to the same quarter last year. On average, analysts predict that Libbey will post $2.38 earnings per share for the current fiscal year.

Libbey Inc (NYSE:LBY) is a producer of glass tableware products in the Western Hemisphere, in addition to supplying to key markets throughout the world.

Receive News & Ratings for Libbey Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Libbey Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.



Latest News

Xiaomi the Chinese Smartphone Maker is Now No. 3
Xiaomi the Chinese Smartphone Maker is Now No. 3
Lowe’s Adds Robots to Workforce
Lowe’s Adds Robots to Workforce
Honda Lowers Guidance on Sales
Honda Lowers Guidance on Sales
Captain of South Africa Soccer Team Shot to Death
Captain of South Africa Soccer Team Shot to Death
What is Known About Washington School Shooting
What is Known About Washington School Shooting
AT&T Comes Up Short of Wall Street Estimates
AT&T Comes Up Short of Wall Street Estimates


Leave a Reply

 
Advertisement
Advertisement
© 2006-2014 WKRB News.