Gcp Applied Tech Incorporated (NYSE:GCP) Sellers Covered 1.11% of Their Shorts

February 12, 2018 - By Hazel Jackson

 Gcp Applied Tech Incorporated (NYSE:GCP) Sellers Covered 1.11% of Their Shorts

The stock of Gcp Applied Tech Incorporated (NYSE:GCP) registered a decrease of 1.11% in short interest. GCP’s total short interest was 2.99 million shares in February as published by FINRA. Its down 1.11% from 3.02M shares, reported previously. With 458,700 shares average volume, it will take short sellers 7 days to cover their GCP’s short positions.

The stock increased 2.44% or $0.775 during the last trading session, reaching $32.525. About 212,412 shares traded. GCP Applied Technologies Inc. (NYSE:GCP) has 0.00% since February 12, 2017 and is . It has underperformed by 16.70% the S&P500.

GCP Applied Technologies Inc. produces and sells specialty construction chemicals, specialty building materials, and packaging sealants and coatings worldwide. The company has market cap of $2.33 billion. The Company’s Specialty Construction Chemicals segment offers concrete admixtures under the ADVA, STRUX, MIRA, POLARSET, ECLIPSE, DARACEM, DARASET, DCI, RECOVER, WRDA, and ZYLA brands; admixtures for decorative concrete under the PIERI brand; concrete production management system under the VERIFI brand; and cement additives under the CBA, SYNCHRO, HEA2, TDA, and ESE brands. It has a 3.61 P/E ratio. The companyÂ’s Specialty Building Materials segment provides building envelope products to protect structures from water, and manages air and vapor transmission through building walls under the BITUTHENE, PREPRUFE, ADPRUFE, HYDRODUCT, ADCOR, SILCOR, and PERM-A-BARRIER brands; and residential building products comprising roofing underlayments, flashings, and weather barriers under the ICE & WATER SHIELD, TRI-FLEX, and VYCOR brands.

GCP Applied Technologies Inc. (NYSE:GCP) Ratings Coverage

Among 6 analysts covering GCP Applied Tech. (NYSE:GCP), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. GCP Applied Tech. had 8 analyst reports since February 4, 2016 according to SRatingsIntel. On Monday, February 8 the stock rating was initiated by Goldman Sachs with “Neutral”. The rating was initiated by Seaport Global with “Buy” on Friday, January 20. The firm has “Buy” rating given on Thursday, February 4 by Jefferies. As per Friday, June 23, the company rating was upgraded by KeyBanc Capital Markets. The firm has “Neutral” rating by Monness Crespi given on Thursday, February 4. The stock of GCP Applied Technologies Inc. (NYSE:GCP) earned “Buy” rating by Northcoast on Wednesday, June 29. On Friday, March 3 the stock rating was upgraded by Monness Crespi to “Buy”. KeyBanc Capital Markets initiated the stock with “Sector Weight” rating in Monday, May 16 report.

More notable recent GCP Applied Technologies Inc. (NYSE:GCP) news were published by: Seekingalpha.com which released: “GCP Applied Technologies’ (GCP) CEO Greg Poling on Q2 2017 Results – Earnings …” on August 03, 2017, also Globenewswire.com with their article: “GCP Applied Technologies Revises 2017 Outlook” published on October 12, 2017, Seekingalpha.com published: “GCP Applied Technologies’ (GCP) CEO Gregory Poling on Q3 2017 Results …” on November 04, 2017. More interesting news about GCP Applied Technologies Inc. (NYSE:GCP) were released by: Seekingalpha.com and their article: “GCP Applied Technologies’ (GCP) CEO Gregory Poling on Q1 2017 Results …” published on May 09, 2017 as well as Prnewswire.com‘s news article titled: “What’s Happening With These Specialty Chemicals Stocks? — GCP Applied …” with publication date: January 11, 2018.

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