Short Interest in ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Expands By 650.0%

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

ASSA ABLOY AB (publ) Trading Down 0.9 %

OTCMKTS ASAZY opened at $15.16 on Thursday. The stock has a market capitalization of $33.73 billion, a P/E ratio of 24.45, a P/E/G ratio of 1.65 and a beta of 1.11. ASSA ABLOY AB has a 52-week low of $13.18 and a 52-week high of $17.03. The firm has a 50-day moving average price of $15.01 and a 200 day moving average price of $15.36. The company has a quick ratio of 0.70, a current ratio of 1.13 and a debt-to-equity ratio of 0.52.

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) last issued its earnings results 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%. Equities research analysts expect that ASSA ABLOY AB will post 0.69 EPS for the current year.

ASSA ABLOY AB (publ) Company Profile

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.