Basf Se (OTCMKTS:BASFY) Short Interest Update

Basf Se (OTCMKTS:BASFY - Get Free Report) was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 1,200 shares, a decline of 36.8% from the December 31st total of 1,900 shares. Based on an average daily volume of 660,400 shares, the days-to-cover ratio is presently 0.0 days.

Basf Price Performance

OTCMKTS:BASFY traded up $0.22 during midday trading on Tuesday, hitting $11.69. 111,421 shares of the stock were exchanged, compared to its average volume of 234,446. The business has a 50-day moving average price of $11.34 and a two-hundred day moving average price of $11.85. The company has a current ratio of 1.87, a quick ratio of 1.03 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $41.73 billion, a price-to-earnings ratio of 73.07, a P/E/G ratio of 1.70 and a beta of 1.19. Basf has a one year low of $10.57 and a one year high of $14.89.

Wall Street Analysts Forecast Growth

BASFY has been the topic of a number of analyst reports. JPMorgan Chase & Co. initiated coverage on shares of Basf in a report on Friday, October 11th. They issued a "neutral" rating on the stock. The Goldman Sachs Group upgraded shares of Basf from a "neutral" rating to a "buy" rating in a research note on Monday, November 11th. Jefferies Financial Group upgraded Basf from a "hold" rating to a "buy" rating in a research report on Wednesday, November 13th. UBS Group cut Basf from a "buy" rating to a "neutral" rating in a research report on Monday, October 14th. Finally, Citigroup upgraded Basf to a "hold" rating in a research report on Wednesday, October 9th. One analyst has rated the stock with a sell rating, three have given a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy".

About Basf

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.