Basf Se (OTCMKTS:BASFY) Short Interest Update

Basf Se (OTCMKTS:BASFY) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 27,649 shares, a growth of 697.0% from the June 30th total of 3,469 shares. Based on an average trading volume of 310,938 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Morgan Stanley restated an “overweight” rating on shares of Basf in a research report on Tuesday, May 12th. Citigroup reiterated a “buy” rating on shares of Basf in a research report on Friday, April 24th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Basf in a research report on Tuesday, May 5th. Finally, Kepler Capital Markets upgraded Basf from a “hold” rating to a “buy” rating in a report on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Basf Stock Performance

BASFY opened at $13.79 on Monday. Basf has a 1-year low of $11.93 and a 1-year high of $16.25. The company has a market cap of $49.23 billion, a price-to-earnings ratio of 23.78, a PEG ratio of 1.06 and a beta of 0.74. The company has a current ratio of 1.91, a quick ratio of 1.26 and a debt-to-equity ratio of 0.56. The company’s fifty day moving average price is $14.13 and its two-hundred day moving average price is $14.36.

Basf (OTCMKTS:BASFY) last issued its quarterly earnings data on Thursday, April 30th. The basic materials company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.08. The firm had revenue of $18.74 billion during the quarter, compared to analyst estimates of $18.44 billion. Basf had a return on equity of 3.84% and a net margin of 2.91%. On average, analysts expect that Basf will post 0.86 EPS for the current fiscal 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.