Basf Se (OTCMKTS:BASFY) Short Interest Update

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

Analyst Ratings Changes

Several research analysts have commented on BASFY shares. The Goldman Sachs Group upgraded shares of Basf from a "neutral" rating to a "buy" rating in a report on Monday, November 11th. Jefferies Financial Group upgraded shares of Basf from a "hold" rating to a "buy" rating in a report on Wednesday, November 13th. Finally, Berenberg Bank cut Basf from a "buy" rating to a "hold" rating in a research report on Tuesday, February 18th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Basf presently has an average rating of "Hold".

Basf Price Performance

Shares of BASFY stock traded up $1.43 on Wednesday, hitting $14.46. 701,451 shares of the stock traded hands, compared to its average volume of 254,973. The firm has a market cap of $51.61 billion, a price-to-earnings ratio of 90.35, a PEG ratio of 2.30 and a beta of 1.16. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.87 and a quick ratio of 1.03. The firm has a 50 day simple moving average of $11.89 and a two-hundred day simple moving average of $12.01. Basf has a 52 week low of $10.57 and a 52 week high of $14.89.

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Basf (OTCMKTS:BASFY - Get Free Report) last announced its quarterly earnings data on Friday, February 28th. The basic materials company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.11 by $0.05. Basf had a return on equity of 6.63% and a net margin of 0.78%. The business had revenue of $16.92 billion for the quarter, compared to the consensus estimate of $15.72 billion. As a group, equities research analysts predict that Basf will post 0.83 earnings per share for the current fiscal 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.