ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Short Interest Up 650.0% in January

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 4,500 shares, an increase of 650.0% from the January 15th total of 600 shares. Based on an average trading volume of 235,800 shares, the days-to-cover ratio is currently 0.0 days.

ASSA ABLOY AB (publ) Price Performance

ASAZY traded up $0.36 on Wednesday, reaching $15.30. The stock had a trading volume of 89,984 shares, compared to its average volume of 135,914. The firm has a 50-day moving average of $15.01 and a 200-day moving average of $15.36. ASSA ABLOY AB has a fifty-two week low of $13.18 and a fifty-two week high of $17.03. The company has a market capitalization of $34.04 billion, a price-to-earnings ratio of 24.68, a price-to-earnings-growth ratio of 1.65 and a beta of 1.11. The company has a current ratio of 1.13, a quick ratio of 0.70 and a debt-to-equity ratio of 0.52.

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) last issued its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $0.18 earnings per share (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, sell-side analysts anticipate that ASSA ABLOY AB will post 0.69 EPS for the current 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.