ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Short Interest Update

ASSA ABLOY AB (publ) (OTCMKTS:ASAZYGet Free Report) saw a significant decline in short interest in May. As of May 15th, there was short interest totalling 8,200 shares, a decline of 62.0% from the April 30th total of 21,600 shares. Based on an average daily volume of 301,400 shares, the days-to-cover ratio is currently 0.0 days.

ASSA ABLOY AB (publ) Price Performance

Shares of ASAZY traded down $0.29 during mid-day trading on Thursday, reaching $14.27. The company had a trading volume of 56,408 shares, compared to its average volume of 112,440. The company has a current ratio of 1.13, a quick ratio of 0.70 and a debt-to-equity ratio of 0.52. ASSA ABLOY AB has a twelve month low of $10.17 and a twelve month high of $15.09. The company’s 50-day moving average is $14.21 and its 200-day moving average is $13.86.

ASSA ABLOY AB (publ) (OTCMKTS:ASAZYGet Free Report) last issued its quarterly earnings data on Wednesday, April 24th. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.02). ASSA ABLOY AB (publ) had a net margin of 10.02% and a return on equity of 15.35%. The company had revenue of $3.39 billion for the quarter. On average, research analysts anticipate that ASSA ABLOY AB will post 0.68 EPS for the current fiscal year.

ASSA ABLOY AB (publ) Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, May 17th. Stockholders of record on Friday, April 26th were issued a $0.1316 dividend. This is an increase from ASSA ABLOY AB (publ)’s previous dividend of $0.11. The ex-dividend date of this dividend was Thursday, April 25th. ASSA ABLOY AB (publ)’s payout ratio is presently 22.58%.

About ASSA ABLOY AB (publ)

(Get Free Report)

ASSA ABLOY AB (publ) provides door opening and access products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, India, Africa, North and South America, Asia, and Oceania. The company provides digital access solutions, such as electronic access control ecosystem, wireless solutions, electronic key solutions, standalone access solutions, and wired solutions; swing, revolving, and sliding doors; mechanical products, including hinges, lever handles, mortise lockcases, euro profile cylinders, panic exit devices, door closers, floor spring, and general hardware; and doors.

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