Basf Se (OTCMKTS:BASFY) Stock Short Interest Report for September

Basf Se (OTCMKTS:BASFY) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 17,842 shares, a decrease of 80.1% from the September 15th total of 89,736 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 280,988 shares, the days-to-cover ratio is currently 0.1 days.

Basf Price Performance

OTCMKTS BASFY opened at $14.53 on Monday. The stock has a market capitalization of $51.87 billion, a price-to-earnings ratio of 7.49, a PEG ratio of 1.18 and a beta of 0.76. Basf has a 1-year low of $11.93 and a 1-year high of $16.25. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.85 and a quick ratio of 1.19. The business’s fifty day moving average price is $14.87 and its 200-day moving average price is $14.73.

Basf (OTCMKTS:BASFY) last issued its quarterly earnings data on Wednesday, July 29th. The basic materials company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.24 by $0.13. Basf had a return on equity of 5.66% and a net margin of 9.40%. The company had revenue of $19.99 billion during the quarter, compared to analyst estimates of $18.85 billion. On average, equities analysts predict that Basf will post 0.82 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Citigroup restated a “buy” rating on shares of Basf in a research note on Thursday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Basf Company Profile

BASF SE is a Germany-based global chemical company headquartered in Ludwigshafen, Germany. Founded in 1865, the company develops and manufactures a broad range of chemicals and materials used by manufacturers and consumers in industries including automotive, construction, agriculture, food and nutrition, personal care, electronics, and energy.

Its business activities include the production of basic and specialty chemicals, plastics and performance materials, coatings and surface treatments, catalysts, agricultural solutions, nutrition and care ingredients, and industrial solutions.