Basf Se (OTCMKTS:BASFY) Short Interest Update

Basf Se (OTCMKTS:BASFY - Get Free Report) saw a large decrease in short interest in December. As of December 15th, there was short interest totalling 1,600 shares, a decrease of 66.0% from the November 30th total of 4,700 shares. Based on an average daily trading volume, of 717,100 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. began coverage on Basf in a research report on Friday, October 11th. They set a "neutral" rating on the stock. The Goldman Sachs Group raised Basf from a "neutral" rating to a "buy" rating in a research note on Monday, November 11th. Jefferies Financial Group raised shares of Basf from a "hold" rating to a "buy" rating in a research note on Wednesday, November 13th. Citigroup raised shares of Basf to a "hold" rating in a research note on Wednesday, October 9th. Finally, UBS Group cut Basf from a "buy" rating to a "neutral" rating in a research report on Monday, October 14th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy".

Basf Stock Up 0.5 %

BASFY traded up $0.05 during midday trading on Thursday, reaching $11.08. The company's stock had a trading volume of 250,498 shares, compared to its average volume of 169,351. The company has a current ratio of 2.09, a quick ratio of 1.23 and a debt-to-equity ratio of 0.49. The stock's 50-day moving average is $11.63 and its 200-day moving average is $12.00. Basf has a 1 year low of $10.93 and a 1 year high of $14.89. The firm has a market capitalization of $39.56 billion, a price-to-earnings ratio of 69.25, a PEG ratio of 1.16 and a beta of 1.19.

Basf (OTCMKTS:BASFY - Get Free Report) last issued its earnings results on Wednesday, October 30th. The basic materials company reported $0.09 earnings per share (EPS) for the quarter. Basf had a net margin of 0.78% and a return on equity of 6.53%. The firm had revenue of $17.30 billion for the quarter. As a group, research analysts expect that Basf will post 0.89 EPS 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.