Basf Se (OTCMKTS:BASFY) Short Interest Update

Basf Se (OTCMKTS:BASFY) was the recipient of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 34,012 shares, a decrease of 37.8% from the April 15th total of 54,640 shares. Based on an average daily trading volume, of 190,795 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Berenberg Bank upgraded Basf from a “sell” rating to a “hold” rating in a report on Tuesday, February 17th. DZ Bank upgraded Basf from a “hold” rating to a “strong-buy” rating in a report on Monday, March 2nd. Morgan Stanley restated an “overweight” rating on shares of Basf in a report on Tuesday, May 12th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Basf in a report on Tuesday, May 5th. Finally, Citigroup restated a “buy” rating on shares of Basf in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Basf Stock Performance

Shares of BASFY stock opened at $15.32 on Monday. Basf has a 12 month low of $11.66 and a 12 month high of $16.25. The company has a quick ratio of 1.19, a current ratio of 1.93 and a debt-to-equity ratio of 0.54. The business’s 50 day moving average is $14.94 and its two-hundred day moving average is $13.85. The company has a market cap of $54.69 billion, a PE ratio of 26.41, a price-to-earnings-growth ratio of 1.28 and a beta of 0.75.

Basf (OTCMKTS:BASFY) last announced its quarterly earnings results on Thursday, April 30th. The basic materials company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.31 by $0.08. Basf had a return on equity of 3.90% and a net margin of 2.91%.The company had revenue of $18.74 billion for the quarter, compared to the consensus estimate of $18.44 billion. Equities analysts predict that Basf will post 0.81 EPS for the current year.

Basf Company Profile

BASF SE is a Germany-based chemical company founded in 1865 (originally Badische Anilin- & Soda-Fabrik) and headquartered in Ludwigshafen. It is one of the world’s largest chemical producers, supplying raw materials, intermediates and finished chemical products to a broad range of industries including automotive, construction, agriculture, consumer goods, electronics and industrial manufacturing. The company combines large-scale production with global commercial and logistics networks to serve customers in many end markets.

BASF’s activities span basic and specialty chemicals, performance materials, functional additives, catalysts and coatings, as well as products for nutrition and personal care.