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

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY - Get Free Report) saw a significant drop in short interest in November. As of November 30th, there was short interest totalling 7,400 shares, a drop of 30.2% from the November 15th total of 10,600 shares. Based on an average daily trading volume, of 205,700 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Barclays raised ASSA ABLOY AB (publ) to a "strong sell" rating in a report on Thursday, September 5th.

ASSA ABLOY AB (publ) Price Performance

Shares of OTCMKTS:ASAZY traded down $0.05 on Friday, reaching $15.50. 88,903 shares of the company were exchanged, compared to its average volume of 115,739. ASSA ABLOY AB has a 1-year low of $13.18 and a 1-year high of $17.03. The company has a current ratio of 1.13, a quick ratio of 0.70 and a debt-to-equity ratio of 0.52. The firm has a market cap of $34.49 billion, a price-to-earnings ratio of 23.56, a price-to-earnings-growth ratio of 1.65 and a beta of 1.10. The company has a 50-day moving average of $15.54 and a 200-day moving average of $15.21.

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY - Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The industrial products company reported $0.17 earnings per share for the quarter, missing analysts' consensus estimates of $0.21 by ($0.04). ASSA ABLOY AB (publ) had a net margin of 10.02% and a return on equity of 15.60%. The firm had revenue of $3.59 billion during the quarter. Equities analysts forecast that ASSA ABLOY AB will post 0.69 earnings per share for the current fiscal year.

ASSA ABLOY AB (publ) Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 8th were paid a $0.1297 dividend. The ex-dividend date was Friday, November 8th. ASSA ABLOY AB (publ)'s payout ratio is 21.21%.

ASSA ABLOY AB (publ) Company Profile

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.