Basf Se (OTCMKTS:BASFY) Short Interest Update

Basf Se (OTCMKTS:BASFY) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 192,500 shares, an increase of 49.0% from the March 31st total of 129,200 shares. Based on an average trading volume of 686,900 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are sold short.

Basf Stock Down 0.9 %

Shares of BASFY stock opened at $12.91 on Wednesday. The company has a current ratio of 1.87, a quick ratio of 1.03 and a debt-to-equity ratio of 0.53. Basf has a 12 month low of $10.57 and a 12 month high of $14.76. The stock has a market cap of $46.09 billion, a P/E ratio of 80.69, a P/E/G ratio of 2.30 and a beta of 1.09. The company has a 50 day simple moving average of $12.82 and a two-hundred day simple moving average of $12.09.

Basf (OTCMKTS:BASFY) last announced its earnings results on Friday, February 28th. The basic materials company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.05. Basf had a return on equity of 6.63% and a net margin of 0.78%. The company had revenue of $16.92 billion for the quarter, compared to analysts’ expectations of $15.72 billion. On average, research analysts expect that Basf will post 0.83 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have commented on the company. JPMorgan Chase & Co. downgraded Basf from a “neutral” rating to an “underweight” rating in a research note on Thursday, March 27th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Basf in a report on Friday, March 7th. Finally, Berenberg Bank cut shares of Basf from a “buy” rating to a “hold” rating in a research note on Tuesday, February 18th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

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.