ASSA ABLOY AB (publ) (OTCMKTS:ASAZY - Get Free Report) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 63,100 shares, a growth of 22.1% from the September 15th total of 51,700 shares. Based on an average daily trading volume, of 143,000 shares, the short-interest ratio is presently 0.4 days.
Separately, Barclays raised shares of ASSA ABLOY AB (publ) to a "strong sell" rating in a report on Thursday, September 5th.
Get Our Latest Stock Analysis on ASAZY
Shares of ASAZY opened at $16.10 on Monday. 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 has a 12 month low of $10.17 and a 12 month high of $17.03. The firm's 50 day moving average is $15.74 and its 200-day moving average is $14.81. The stock has a market capitalization of $35.82 billion, a PE ratio of 25.97, a P/E/G ratio of 1.65 and a beta of 1.11.
ASSA ABLOY AB (publ) (OTCMKTS:ASAZY - Get Free Report) last posted its quarterly earnings data on Wednesday, July 17th. The industrial products company reported $0.17 EPS for the quarter, missing analysts' consensus estimates of $0.20 by ($0.03). The company had revenue of $3.55 billion for the quarter. ASSA ABLOY AB (publ) had a return on equity of 15.60% and a net margin of 10.02%. Equities research analysts forecast that ASSA ABLOY AB will post 0.69 EPS for the current year.
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.
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