Brenntag SE (OTCMKTS:BNTGY) Short Interest Down 17.8% in February

Brenntag SE (OTCMKTS:BNTGY) was the recipient of a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 23,500 shares, a decrease of 17.8% from the February 13th total of 28,600 shares. Based on an average trading volume of 75,100 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Ratings Changes

Several analysts recently issued reports on BNTGY shares. UBS Group downgraded Brenntag from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 17th. Barclays upgraded shares of Brenntag from a “strong sell” rating to a “hold” rating in a research report on Friday, January 17th.

Brenntag Stock Up 1.1 %

BNTGY opened at $14.18 on Tuesday. Brenntag has a 52 week low of $11.09 and a 52 week high of $17.39. The firm has a 50-day simple moving average of $12.82 and a two-hundred day simple moving average of $13.11. The company has a market capitalization of $10.24 billion, a PE ratio of 17.51 and a beta of 1.08.

Brenntag (OTCMKTS:BNTGY) last announced its quarterly earnings results on Wednesday, March 12th. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.02). The firm had revenue of $4.26 billion for the quarter, compared to the consensus estimate of $3.84 billion. Brenntag had a net margin of 3.36% and a return on equity of 12.24%. As a group, sell-side analysts expect that Brenntag will post 0.9 earnings per share for the current year.

Brenntag Company Profile

Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Germany, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Brenntag Essentials and Brenntag Specialties. It provides just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling.