Basf Se (OTCMKTS:BASFY) Short Interest Up 19.6% in February

Basf Se (OTCMKTS:BASFY) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 70,200 shares, an increase of 19.6% from the February 13th total of 58,700 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 281,700 shares, the short-interest ratio is presently 0.2 days.

Basf Trading Up 0.1 %

Shares of BASFY opened at $14.37 on Tuesday. The stock has a market capitalization of $51.30 billion, a P/E ratio of 89.82, a PEG ratio of 2.30 and a beta of 1.16. The company has a quick ratio of 1.03, a current ratio of 1.87 and a debt-to-equity ratio of 0.53. The firm has a fifty day simple moving average of $12.49 and a two-hundred day simple moving average of $12.13. Basf has a twelve month low of $10.57 and a twelve month high of $14.89.

Basf (OTCMKTS:BASFY) last announced its quarterly earnings results on Friday, February 28th. The basic materials company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.05. The business had revenue of $16.92 billion during the quarter, compared to analysts’ expectations of $15.72 billion. Basf had a net margin of 0.78% and a return on equity of 6.63%. On average, research analysts anticipate that Basf will post 0.83 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently commented on BASFY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Basf in a report on Friday, March 7th. Berenberg Bank lowered shares of Basf from a “buy” rating to a “hold” rating in a report on Tuesday, February 18th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat, Basf presently has an average rating of “Hold”.

Basf Company Profile

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.