Short Interest in Basf Se (OTCMKTS:BASFY) Rises By 18.8%

Basf Se (OTCMKTS:BASFY) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 1,900 shares, an increase of 18.8% from the December 31st total of 1,600 shares. Based on an average trading volume of 581,200 shares, the short-interest ratio is currently 0.0 days.

Basf Trading Down 1.8 %

Shares of BASFY stock traded down $0.22 on Friday, hitting $12.01. The stock had a trading volume of 185,120 shares, compared to its average volume of 226,847. The company has a current ratio of 1.87, a quick ratio of 1.03 and a debt-to-equity ratio of 0.53. Basf has a twelve month low of $10.57 and a twelve month high of $14.89. The company has a fifty day moving average price of $11.33 and a two-hundred day moving average price of $11.85. The firm has a market cap of $42.88 billion, a P/E ratio of 75.08, a PEG ratio of 1.72 and a beta of 1.19.

Basf (OTCMKTS:BASFY) last posted its earnings results on Wednesday, October 30th. The basic materials company reported $0.09 earnings per share (EPS) for the quarter. The firm had revenue of $17.30 billion during the quarter. Basf had a return on equity of 6.63% and a net margin of 0.78%. As a group, analysts forecast that Basf will post 0.84 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Jefferies Financial Group raised Basf from a “hold” rating to a “buy” rating in a research note on Wednesday, November 13th. Citigroup raised Basf to a “hold” rating in a report on Wednesday, October 9th. UBS Group cut shares of Basf from a “buy” rating to a “neutral” rating in a research report on Monday, October 14th. JPMorgan Chase & Co. initiated coverage on Basf in a research note on Friday, October 11th. They issued a “neutral” rating on the stock. Finally, The Goldman Sachs Group raised Basf from a “neutral” rating to a “buy” rating in a research note on Monday, November 11th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

About Basf

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 comprising isocyanates, polyamides, and inorganic basic products, as well as specialties for plastics and plastics processing industries.