Paragon Technologies Inc. (OTCMKTS:PGNT) Sees Large Increase in Short Interest

by · The Cerbat Gem

Paragon Technologies Inc. (OTCMKTS:PGNT – Get Free Report) saw a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 600 shares, an increase of ∞ from the April 15th total of 0 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 750 shares, the days-to-cover ratio is presently 0.8 days.

Paragon Technologies Price Performance

PGNT stock remained flat at $5.09 during trading on Friday. Paragon Technologies has a 52-week low of $4.19 and a 52-week high of $9.30. The stock has a market capitalization of $8.96 million, a price-to-earnings ratio of -3.74 and a beta of 0.21. The firm has a 50 day simple moving average of $4.92 and a 200-day simple moving average of $4.99.

Paragon Technologies (OTCMKTS:PGNT – Get Free Report) last released its earnings results on Wednesday, May 13th. The company reported $0.01 earnings per share for the quarter. The firm had revenue of $37.45 million for the quarter.

Paragon Technologies Company Profile

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Paragon Technologies, Inc, together with its subsidiaries, engages in the automation, distribution, and real estate activities in North America, Latin America, Europe, and Asia. It offers various systems, software and services, including complete order fulfillment, assembly, product advancing systems, productivity, production and order fulfillment accuracy, and safety enhancements for automated material handling and order processing applications to distribution centers, manufacturers, and warehouses.

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