Basf Se (OTCMKTS:BASFY) Short Interest Update

Basf Se (OTCMKTS:BASFYGet Free Report) was the target of a large increase in short interest in February. As of February 15th, there was short interest totalling 99,100 shares, an increase of 350.5% from the January 31st total of 22,000 shares. Based on an average trading volume of 369,100 shares, the days-to-cover ratio is currently 0.3 days.

Analysts Set New Price Targets

A number of brokerages recently weighed in on BASFY. Morgan Stanley lowered shares of Basf from an “equal weight” rating to an “underweight” rating in a research note on Monday, November 27th. UBS Group upgraded shares of Basf from a “sell” rating to a “buy” rating in a report on Wednesday, December 13th. Finally, Jefferies Financial Group downgraded shares of Basf from a “hold” rating to an “underperform” rating in a report on Thursday, November 16th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Check Out Our Latest Research Report on Basf

Basf Stock Performance

Shares of BASFY stock opened at $12.73 on Thursday. The company has a quick ratio of 1.12, a current ratio of 1.99 and a debt-to-equity ratio of 0.44. Basf has a 52 week low of $10.66 and a 52 week high of $13.90. The stock has a market capitalization of $46.05 billion, a PE ratio of 212.17 and a beta of 1.28. The firm has a 50 day moving average of $12.46 and a two-hundred day moving average of $12.04.

Basf (OTCMKTS:BASFYGet Free Report) last issued its quarterly earnings results on Friday, February 23rd. The basic materials company reported ($0.05) EPS for the quarter. The business had revenue of $17.09 billion during the quarter. Basf had a net margin of 0.32% and a return on equity of 6.10%. On average, research analysts predict that Basf will post 1.01 EPS for the current fiscal year.

Basf Company Profile

(Get Free Report)

BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems, such as isocyanates, polyamides, and inorganic basic products, as well as specialties for plastics and plastics processing industries.

Further Reading

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