Basf (OTCMKTS:BASFY) Stock Price Crosses Below 50 Day Moving Average of $13.46

Basf Se (OTCMKTS:BASFYGet Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $13.46 and traded as low as $12.55. Basf shares last traded at $12.57, with a volume of 99,035 shares changing hands.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on BASFY. Redburn Atlantic raised shares of Basf from a “neutral” rating to a “buy” rating in a research report on Tuesday, April 9th. BNP Paribas restated an “underperform” rating on shares of Basf in a research note on Monday, April 15th. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Get Our Latest Stock Report on BASFY

Basf Price Performance

The stock has a 50 day moving average of $13.46 and a two-hundred day moving average of $12.96. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.11 and a current ratio of 1.98. The firm has a market capitalization of $45.47 billion, a P/E ratio of 1,257.00, a P/E/G ratio of 1.02 and a beta of 1.24.

Basf (OTCMKTS:BASFYGet Free Report) last released its quarterly earnings results on Thursday, April 25th. The basic materials company reported $0.46 EPS for the quarter. The company had revenue of $19.06 billion for the quarter. Basf had a net margin of 0.07% and a return on equity of 5.84%. Sell-side analysts predict that Basf Se will post 0.87 earnings per share for the current fiscal year.

Basf Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, May 10th. Shareholders of record on Monday, April 29th were issued a $0.6594 dividend. The ex-dividend date of this dividend was Friday, April 26th. This is a positive change from Basf’s previous dividend of $0.64. Basf’s dividend payout ratio (DPR) is 6,400.00%.

About Basf

(Get Free Report)

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.

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