ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Sees Significant Increase in Short Interest

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) was the target of a large growth in short interest during the month of 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 trading volume of 235,800 shares, the days-to-cover ratio is presently 0.0 days.

ASSA ABLOY AB (publ) Stock Up 0.9 %

Shares of OTCMKTS ASAZY opened at $15.29 on Friday. ASSA ABLOY AB has a 52-week low of $13.18 and a 52-week high of $17.03. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.70 and a current ratio of 1.13. The stock has a market cap of $34.02 billion, a P/E ratio of 24.66, a P/E/G ratio of 1.65 and a beta of 1.11. The firm has a 50 day moving average price of $15.00 and a 200 day moving average price of $15.36.

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) last posted its earnings results on Wednesday, February 5th. The industrial products company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.02). ASSA ABLOY AB (publ) had a return on equity of 15.60% and a net margin of 10.02%. 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.