Basf Se (OTCMKTS:BASFY) Stock Short Interest Report for September

Basf Se (OTCMKTS:BASFY) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 17,842 shares, a drop of 80.1% from the September 15th total of 89,736 shares. Based on an average daily volume of 280,988 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Basf Price Performance

OTCMKTS BASFY opened at $14.34 on Tuesday. Basf has a 12 month low of $11.93 and a 12 month high of $16.25. The stock has a market cap of $51.20 billion, a price-to-earnings ratio of 7.39, a PEG ratio of 1.18 and a beta of 0.76. The company’s 50 day moving average is $14.86 and its two-hundred day moving average is $14.73. The company has a current ratio of 1.85, a quick ratio of 1.19 and a debt-to-equity ratio of 0.50.

Basf (OTCMKTS:BASFY) last issued its quarterly earnings results on Wednesday, July 29th. The basic materials company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.13. The business had revenue of $19.99 billion for the quarter, compared to the consensus estimate of $18.85 billion. Basf had a net margin of 9.40% and a return on equity of 5.66%. As a group, research analysts anticipate that Basf will post 0.82 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Citigroup reiterated a “buy” rating on shares of Basf in a research report on Thursday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

About Basf

BASF SE is a Germany-based global chemical company headquartered in Ludwigshafen, Germany. Founded in 1865, the company develops and manufactures a broad range of chemicals and materials used by manufacturers and consumers in industries including automotive, construction, agriculture, food and nutrition, personal care, electronics, and energy.

Its business activities include the production of basic and specialty chemicals, plastics and performance materials, coatings and surface treatments, catalysts, agricultural solutions, nutrition and care ingredients, and industrial solutions.