ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Short Interest Up 24.6% in December

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY - Get Free Report) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 63,900 shares, a growth of 24.6% from the December 15th total of 51,300 shares. Based on an average trading volume of 284,000 shares, the days-to-cover ratio is currently 0.2 days.

ASSA ABLOY AB (publ) Trading Up 1.2 %

Shares of ASAZY traded up $0.18 during trading hours on Friday, reaching $14.86. 116,871 shares of the company traded hands, compared to its average volume of 175,661. ASSA ABLOY AB has a 12 month low of $13.18 and a 12 month high of $17.03. The company has a quick ratio of 0.70, a current ratio of 1.13 and a debt-to-equity ratio of 0.52. The company's fifty day moving average price is $14.96 and its two-hundred day moving average price is $15.26. The company has a market capitalization of $33.07 billion, a price-to-earnings ratio of 23.97, a price-to-earnings-growth ratio of 1.65 and a beta of 1.11.

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY - Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The industrial products company reported $0.17 earnings per share for the quarter, missing the consensus estimate 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 for the quarter. Equities research analysts predict that ASSA ABLOY AB will post 0.69 earnings per share for the current fiscal year.

About ASSA ABLOY AB (publ)

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.