Basf Se (OTCMKTS:BASFY) Short Interest Update

Basf Se (OTCMKTS:BASFY) was the recipient of a significant growth in short interest in February. As of February 15th, there was short interest totalling 58,700 shares, a growth of 124.0% from the January 31st total of 26,200 shares. Based on an average trading volume of 645,000 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. The Goldman Sachs Group upgraded Basf from a “neutral” rating to a “buy” rating in a research note on Monday, November 11th. Berenberg Bank downgraded Basf from a “buy” rating to a “hold” rating in a report on Tuesday, February 18th. Finally, Jefferies Financial Group raised Basf from a “hold” rating to a “buy” rating in a research note on Wednesday, November 13th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold”.

Basf Price Performance

Shares of OTCMKTS BASFY opened at $12.66 on Monday. 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 stock has a 50 day moving average of $11.81 and a two-hundred day moving average of $11.99. The stock has a market cap of $45.20 billion, a P/E ratio of 79.13, a P/E/G ratio of 2.30 and a beta of 1.19.

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

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.