ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Sees Large Increase in Short Interest

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) was the recipient of a large increase in short interest in February. As of February 15th, there was short interest totalling 17,600 shares, an increase of 291.1% from the January 31st total of 4,500 shares. Based on an average trading volume of 177,800 shares, the short-interest ratio is currently 0.1 days.

ASSA ABLOY AB (publ) Trading Up 0.1 %

Shares of OTCMKTS ASAZY opened at $15.26 on Friday. The firm has a market capitalization of $33.96 billion, a PE ratio of 24.61, a PEG ratio of 1.65 and a beta of 1.11. ASSA ABLOY AB has a one year low of $13.18 and a one year high of $17.03. The company has a current ratio of 1.13, a quick ratio of 0.70 and a debt-to-equity ratio of 0.52. The business has a 50-day moving average price of $14.99 and a two-hundred day moving average price of $15.43.

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) last issued its earnings results on Wednesday, February 5th. The industrial products company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.02). ASSA ABLOY AB (publ) had a net margin of 10.02% and a return on equity of 15.60%. As a group, analysts predict that ASSA ABLOY AB will post 0.69 earnings per share for the current fiscal year.

About ASSA ABLOY AB (publ)

ASSA ABLOY AB (publ) provides door opening and access products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, India, Africa, North and South America, Asia, and Oceania. The company provides digital access solutions, such as electronic access control ecosystem, wireless solutions, electronic key solutions, standalone access solutions, and wired solutions; swing, revolving, and sliding doors; mechanical products, including hinges, lever handles, mortise lockcases, euro profile cylinders, panic exit devices, door closers, floor spring, and general hardware; and doors.