Shares of Basf Se (OTCMKTS:BASFY - Get Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as $10.90 and last traded at $10.96, with a volume of 274564 shares traded. The stock had previously closed at $11.05.
Analyst Upgrades and Downgrades
Several research firms have recently commented on BASFY. UBS Group cut Basf from a "buy" rating to a "neutral" rating in a report on Monday, October 14th. Citigroup raised shares of Basf to a "hold" rating in a research note on Wednesday, October 9th. The Goldman Sachs Group upgraded shares of Basf from a "neutral" rating to a "buy" rating in a research note on Monday, November 11th. JPMorgan Chase & Co. began coverage on shares of Basf in a research report on Friday, October 11th. They set a "neutral" rating on the stock. Finally, Jefferies Financial Group upgraded shares of Basf from a "hold" rating to a "buy" rating in a research report on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Basf has an average rating of "Moderate Buy".
Read Our Latest Stock Analysis on Basf
Basf Stock Performance
The stock's 50-day moving average is $11.53 and its 200-day moving average is $11.97. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.09 and a quick ratio of 1.23. The stock has a market cap of $39.13 billion, a price-to-earnings ratio of 68.50, a price-to-earnings-growth ratio of 1.16 and a beta of 1.19.
Basf (OTCMKTS:BASFY - Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $0.09 EPS for the quarter. Basf had a return on equity of 6.53% and a net margin of 0.78%. The business had revenue of $17.30 billion during the quarter. Analysts anticipate that Basf Se will post 0.89 EPS for the current fiscal year.
Basf Company Profile
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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.
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