ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Short Interest Up 24.6% in December

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 63,900 shares, an increase of 24.6% from the December 15th total of 51,300 shares. Based on an average daily volume of 284,000 shares, the days-to-cover ratio is presently 0.2 days.

ASSA ABLOY AB (publ) Stock Performance

Shares of ASSA ABLOY AB (publ) stock traded up $0.47 on Thursday, hitting $14.49. The stock had a trading volume of 141,557 shares, compared to its average volume of 188,188. The stock has a market cap of $32.24 billion, a price-to-earnings ratio of 23.37, a P/E/G ratio of 1.65 and a beta of 1.11. The company’s 50 day moving average price is $15.00 and its 200 day moving average price is $15.27. 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 52-week low of $13.18 and a 52-week high of $17.03.

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) last released its quarterly earnings data on Wednesday, October 23rd. The industrial products company reported $0.17 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.04). The company had revenue of $3.59 billion for the quarter. ASSA ABLOY AB (publ) had a return on equity of 15.60% and a net margin of 10.02%. On average, research analysts anticipate that ASSA ABLOY AB will post 0.69 EPS for the current year.

ASSA ABLOY AB (publ) Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 8th were paid a $0.1297 dividend. The ex-dividend date was Friday, November 8th. ASSA ABLOY AB (publ)’s dividend payout ratio (DPR) is 21.21%.

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.