Short Interest in Basf Se (OTCMKTS:BASFY) Drops By 25.5%

Basf Se (OTCMKTS:BASFY - Get Free Report) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totalling 14,900 shares, a decrease of 25.5% from the July 15th total of 20,000 shares. Based on an average trading volume of 314,500 shares, the days-to-cover ratio is presently 0.0 days.Wall Street Analysts Forecast GrowthBest Agriculture Stocks to Buy in 2020Separately, Berenberg Bank raised shares of Basf to a "strong-buy" rating in a report on Friday, June 28th. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold".View Our Latest Report on BasfBasf Stock PerformanceOTCMKTS BASFY traded down $0.09 on Thursday, reaching $11.31. The stock had a trading volume of 102,121 shares, compared to its average volume of 146,896. Basf has a 12-month low of $10.66 and a 12-month high of $14.89. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.23 and a current ratio of 2.09. The stock has a market cap of $40.92 billion, a P/E ratio of 1,131.00, a price-to-earnings-growth ratio of 1.03 and a beta of 1.21. The business's 50-day moving average price is $11.94 and its 200 day moving average price is $12.78. Basf (OTCMKTS:BASFY - Get Free Report) last issued its earnings results on Friday, July 26th. The basic materials company reported $0.25 earnings per share (EPS) for the quarter. The business had revenue of $17.34 billion during the quarter. Basf had a positive return on equity of 6.36% and a negative net margin of 0.04%. As a group, equities analysts expect that Basf will post 0.92 earnings per share for the current year. Basf Company Profile (Get Free Report)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.Featured ArticlesFive stocks we like better than BasfWhat is the S&P 500 and How It is Distinct from Other IndexesWarren Buffett’s Bet: Why Berkshire Hathaway Bought Ulta StockBasic Materials Stocks InvestingWalmart Stock: Buy the Rip or Wait for the Dip? Where to Find Earnings Call Transcripts3 Stocks to Buy for a Soft Landing, If There Is OneThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.→ California's big mistake (From Stansberry Research) (Ad)Should you invest $1,000 in Basf right now?Before you consider Basf, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Basf wasn't on the list.While Basf currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here