Sartorius Aktiengesellschaft (OTCMKTS:SARTF) Sees Large Decline in Short Interest

Sartorius Aktiengesellschaft (OTCMKTS:SARTF) was the recipient of a significant decline in short interest in May. As of May 31st, there was short interest totalling 1,600 shares, a decline of 52.9% from the May 15th total of 3,400 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 16.0 days. Currently, 0.0% of the shares of the stock are sold short.

Sartorius Aktiengesellschaft Price Performance

OTCMKTS:SARTF remained flat at $198.80 during trading hours on Friday. The company has a quick ratio of 1.13, a current ratio of 2.02 and a debt-to-equity ratio of 1.17. The stock’s fifty day moving average price is $197.91 and its 200 day moving average price is $198.57. The company has a market capitalization of $6.80 billion, a PE ratio of 150.61 and a beta of 1.09. Sartorius Aktiengesellschaft has a twelve month low of $165.00 and a twelve month high of $243.35.

Sartorius Aktiengesellschaft (OTCMKTS:SARTF) last released its quarterly earnings results on Wednesday, April 16th. The company reported $1.28 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.28. The business had revenue of $959.23 million during the quarter, compared to analysts’ expectations of $867.08 million. Sartorius Aktiengesellschaft had a return on equity of 7.33% and a net margin of 2.48%.

Analysts Set New Price Targets

Separately, DZ Bank upgraded Sartorius Aktiengesellschaft from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 17th.

Sartorius Aktiengesellschaft Company Profile

Sartorius Aktiengesellschaft provides bioprocess solutions and lab products and services in the United States and internationally. The company offers multi-parallel, benchtop, single-use, stainless steel, cell culture, rocking motion, and microbial bioreactors, and software apps for bioreactors and cell culture shake flask; fermenters; cell culture media products; cellcelector flex, incubator flowbox, nanowell arrays, and capillaries and tips; fluid management products; microbiology products; and Ultrafiltration membrane filters, glass and quartz microfiber filters, clarification, syringeless and in-line filters, lab chromatography, and filters and blotting papers.