ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Short Interest Up 176.9% in July

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totalling 87,500 shares, a growth of 176.9% from the July 15th total of 31,600 shares. Based on an average daily volume of 155,300 shares, the days-to-cover ratio is currently 0.6 days.

ASSA ABLOY AB (publ) Price Performance

ASSA ABLOY AB (publ) stock opened at $14.82 on Thursday. The stock’s 50 day moving average is $14.43 and its 200 day moving average is $14.26. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.13 and a quick ratio of 0.70. The firm has a market cap of $32.97 billion, a P/E ratio of 23.90, a P/E/G ratio of 1.49 and a beta of 1.12. ASSA ABLOY AB has a one year low of $10.17 and a one year high of $15.39.

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) 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 during the quarter. ASSA ABLOY AB (publ) had a return on equity of 15.60% and a net margin of 10.02%. As a group, research analysts expect that ASSA ABLOY AB will post 0.68 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.