SARTORIUS (OTCMKTS:SARTF) Short Interest Down 44.4% in October

SARTORIUS (OTCMKTS:SARTF) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 500 shares, a decrease of 44.4% from the September 30th total of 900 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 5.0 days. Based on an average trading volume of 100 shares, the short-interest ratio is presently 5.0 days.

SARTORIUS Price Performance

SARTF opened at $211.46 on Friday. SARTORIUS has a 52-week low of $165.00 and a 52-week high of $243.35. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.95 and a quick ratio of 0.88. The business’s fifty day moving average is $198.36 and its 200-day moving average is $197.59.

SARTORIUS (OTCMKTS:SARTF) last announced its quarterly earnings data on Thursday, October 16th. The company reported $1.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.25 by $0.01. The firm had revenue of $987.65 million for the quarter, compared to the consensus estimate of $972.82 million. SARTORIUS had a net margin of 3.82% and a return on equity of 8.19%.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group upgraded shares of SARTORIUS to a “strong-buy” rating in a research report on Tuesday, August 12th. Three investment analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Strong Buy”.

SARTORIUS Company Profile

Sartorius Aktiengesellschaft provides bioprocess solutions and lab products and services in the United States and internationally. The company offers multi-parallel, benchtop, single-use, stainless steel, cell culture, rocking motion, and microbial bioreactors, and software apps for bioreactors and cell culture shake flask; fermenters; cell culture media products; cellcelector flex, incubator flowbox, nanowell arrays, and capillaries and tips; fluid management products; microbiology products; and Ultrafiltration membrane filters, glass and quartz microfiber filters, clarification, syringeless and in-line filters, lab chromatography, and filters and blotting papers.