Basf Se (OTCMKTS:BASFY) Short Interest Update

Basf Se (OTCMKTS:BASFY) was the target of a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 1,600 shares, a drop of 66.0% from the November 30th total of 4,700 shares. Based on an average daily trading volume, of 717,100 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on BASFY shares. UBS Group lowered Basf from a “buy” rating to a “neutral” rating in a research report on Monday, October 14th. The Goldman Sachs Group raised 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 report on Wednesday, November 13th. JPMorgan Chase & Co. assumed coverage on shares of Basf in a research note on Friday, October 11th. They set a “neutral” rating for the company. Finally, Citigroup raised shares of 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 assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Basf Stock Performance

Shares of OTCMKTS BASFY traded up $0.01 during midday trading on Thursday, reaching $11.03. The company’s stock had a trading volume of 146,528 shares, compared to its average volume of 169,024. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.09 and a quick ratio of 1.23. The stock has a market capitalization of $39.38 billion, a P/E ratio of 68.94, a PEG ratio of 1.16 and a beta of 1.19. The firm has a 50 day moving average price of $11.63 and a 200-day moving average price of $12.00. Basf has a 12-month low of $10.93 and a 12-month high of $14.89.

Basf (OTCMKTS:BASFY) last posted its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $0.09 earnings per share for the quarter. Basf had a net margin of 0.78% and a return on equity of 6.53%. The company had revenue of $17.30 billion during the quarter. As a group, equities analysts predict that Basf will post 0.89 earnings per share 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.