Basf Se (OTCMKTS:BASFY) Short Interest Update

Basf Se (OTCMKTS:BASFY) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 1,900 shares, a growth of 18.8% from the December 15th total of 1,600 shares. Based on an average daily volume of 581,200 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

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

Basf Stock Performance

Shares of BASFY opened at $11.36 on Friday. The company has a market cap of $40.56 billion, a PE ratio of 71.00, a price-to-earnings-growth ratio of 1.32 and a beta of 1.19. The firm has a 50-day moving average of $11.19 and a 200-day moving average of $11.86. Basf has a one year low of $10.57 and a one year high of $14.89. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.87 and a quick ratio of 1.03.

Basf (OTCMKTS:BASFY) last announced its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $0.09 earnings per share for the quarter. Basf had a return on equity of 6.63% and a net margin of 0.78%. The firm had revenue of $17.30 billion for the quarter. As a group, equities analysts forecast that Basf will post 0.88 earnings per share for the current year.

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.