Basf Se (OTCMKTS:BASFY) Short Interest Down 66.0% in December

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

Basf Stock Down 0.3 %

Shares of Basf stock traded down $0.03 on Friday, hitting $11.05. The company had a trading volume of 293,971 shares, compared to its average volume of 169,849. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.09 and a quick ratio of 1.23. The firm has a market capitalization of $39.45 billion, a P/E ratio of 69.07, a P/E/G ratio of 1.16 and a beta of 1.19. Basf has a twelve month low of $10.93 and a twelve month high of $14.89. The stock has a 50-day moving average of $11.57 and a 200-day moving average of $11.99.

Basf (OTCMKTS:BASFY) last released its earnings results 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 business had revenue of $17.30 billion for the quarter. Research analysts predict that Basf will post 0.89 earnings per share for the current year.

Wall Street Analyst Weigh In

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

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.