Park Lawn Co. (OTCMKTS:PRRWF – Get Free Report) saw a significant decrease in short interest in April. As of April 15th, there was short interest totalling 104,700 shares, a decrease of 24.9% from the March 31st total of 139,400 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 1,047.0 days.
Park Lawn Stock Performance
Shares of PRRWF opened at $11.71 on Friday. Park Lawn has a fifty-two week low of $11.36 and a fifty-two week high of $19.14. The firm’s 50-day simple moving average is $12.98 and its two-hundred day simple moving average is $13.18.
Analysts Set New Price Targets
Separately, Royal Bank of Canada decreased their price target on shares of Park Lawn from $25.00 to $24.00 and set an “outperform” rating for the company in a research note on Tuesday, March 5th.
Park Lawn Company Profile
Park Lawn Corporation, together with its subsidiaries, owns and operates cemeteries, crematoriums, and funeral homes in Canada and the United States. The company primarily offers cemetery lots, mausoleum crypts, niches, monuments, caskets, urns, outer burial containers, flowers, online and video tribute, and other merchandise, as well as funeral, cemetery, and cremation services.
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