Basf Se (OTCMKTS:BASFY) Short Interest Update

Basf Se (OTCMKTS:BASFY) was the recipient of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 3,469 shares, a decrease of 75.0% from the June 15th total of 13,885 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 364,296 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Ratings Changes

Several brokerages have weighed in on BASFY. Zacks Research upgraded shares of Basf from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 18th. Kepler Capital Markets raised shares of Basf from a “hold” rating to a “buy” rating in a research note on Thursday, June 11th. Morgan Stanley restated an “overweight” rating on shares of Basf in a research report on Tuesday, May 12th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Basf in a report on Tuesday, May 5th. Finally, Citigroup reissued a “buy” rating on shares of Basf in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Basf Price Performance

Basf stock opened at $13.49 on Monday. Basf has a 12-month low of $11.93 and a 12-month high of $16.25. The stock has a market capitalization of $48.16 billion, a P/E ratio of 23.26, a P/E/G ratio of 1.09 and a beta of 0.74. The firm’s 50-day moving average is $14.48 and its two-hundred day moving average is $14.30. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.93 and a quick ratio of 1.19.

Basf (OTCMKTS:BASFY) last posted its quarterly earnings data on Thursday, April 30th. The basic materials company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.08. Basf had a net margin of 2.91% and a return on equity of 3.90%. The company had revenue of $18.74 billion during the quarter, compared to the consensus estimate of $18.44 billion. Equities analysts predict that Basf will post 0.82 earnings per share for the current year.

Basf Company Profile

BASF SE is a Germany-based chemical company founded in 1865 (originally Badische Anilin- & Soda-Fabrik) and headquartered in Ludwigshafen. It is one of the world’s largest chemical producers, supplying raw materials, intermediates and finished chemical products to a broad range of industries including automotive, construction, agriculture, consumer goods, electronics and industrial manufacturing. The company combines large-scale production with global commercial and logistics networks to serve customers in many end markets.

BASF’s activities span basic and specialty chemicals, performance materials, functional additives, catalysts and coatings, as well as products for nutrition and personal care.