Basf Se (OTCMKTS:BASFY) Short Interest Update

Basf Se (OTCMKTS:BASFY) was the recipient of a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 1,600 shares, a drop of 66.0% from the November 30th total of 4,700 shares. Based on an average daily volume of 717,100 shares, the short-interest ratio is presently 0.0 days.

Analysts Set New Price Targets

Several brokerages have weighed in on BASFY. JPMorgan Chase & Co. started coverage on shares of Basf in a research report on Friday, October 11th. They set a “neutral” rating on the stock. Jefferies Financial Group raised Basf from a “hold” rating to a “buy” rating in a research note on Wednesday, November 13th. UBS Group lowered Basf from a “buy” rating to a “neutral” rating in a report on Monday, October 14th. The Goldman Sachs Group upgraded Basf from a “neutral” rating to a “buy” rating in a report on Monday, November 11th. Finally, Citigroup raised shares of Basf to a “hold” rating in a report on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Basf Price Performance

Basf stock traded up $0.05 during mid-day trading on Friday, hitting $11.08. The company’s stock had a trading volume of 250,498 shares, compared to its average volume of 169,351. Basf has a twelve month low of $10.93 and a twelve month high of $14.89. The stock has a market capitalization of $39.56 billion, a P/E ratio of 69.25, a P/E/G ratio of 1.16 and a beta of 1.19. The company has a quick ratio of 1.23, a current ratio of 2.09 and a debt-to-equity ratio of 0.49. The stock’s fifty day moving average price is $11.60 and its two-hundred day moving average price is $11.99.

Basf (OTCMKTS:BASFY) last posted its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $0.09 earnings per share (EPS) for the quarter. Basf had a return on equity of 6.53% and a net margin of 0.78%. The firm had revenue of $17.30 billion for the quarter. Research analysts forecast that Basf will post 0.89 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.