COMSCORE, Inc. (OTCMKTS:SCOR) was the target of a significant growth in short interest during the month of September. As of September 28th, there was short interest totalling 1,279,796 shares, a growth of 114.2% from the September 14th total of 597,504 shares. Based on an average trading volume of 589,466 shares, the short-interest ratio is currently 2.2 days. Currently, 3.0% of the company’s stock are sold short.
Shares of OTCMKTS SCOR opened at $17.25 on Friday. COMSCORE has a 52 week low of $16.85 and a 52 week high of $31.00. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.23.
COMSCORE (OTCMKTS:SCOR) last issued its earnings results on Thursday, August 9th. The business services provider reported ($0.32) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.22) by ($0.10). The firm had revenue of $101.39 million during the quarter, compared to analysts’ expectations of $102.15 million. COMSCORE had a negative net margin of 71.48% and a negative return on equity of 42.21%. On average, research analysts anticipate that COMSCORE will post -1.94 earnings per share for the current year.
Separately, Aegis initiated coverage on COMSCORE in a research report on Thursday. They issued a “buy” rating and a $29.00 target price on the stock. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $30.50.
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. FNY Investment Advisers LLC purchased a new stake in COMSCORE in the second quarter valued at approximately $103,000. Starboard Value LP purchased a new stake in COMSCORE in the 2nd quarter worth approximately $218,000. Marshall Wace LLP purchased a new stake in COMSCORE in the 2nd quarter worth approximately $240,000. Bank of Montreal Can boosted its position in COMSCORE by 6.1% in the 3rd quarter. Bank of Montreal Can now owns 204,253 shares of the business services provider’s stock worth $3,724,000 after purchasing an additional 11,760 shares in the last quarter. Finally, Huber Financial Advisors LLC purchased a new stake in COMSCORE in the 2nd quarter worth approximately $314,000. Hedge funds and other institutional investors own 25.55% of the company’s stock.
comScore, Inc operates as an information and analytics company that measures audiences, consumer behavior, and advertising across media platforms worldwide. The company offers digital audience products and services, including Media Metrix and Mobile Metrix, Video Metrix, Plan Metrix, and comScore marketing solutions, which provide person-centric insights across various devices and can capture various types of content.
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