ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Short Interest Update

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 59,200 shares, an increase of 42.0% from the February 28th total of 41,700 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 297,500 shares, the short-interest ratio is currently 0.2 days.

ASSA ABLOY AB (publ) Stock Up 0.4 %

Shares of OTCMKTS ASAZY opened at $14.99 on Tuesday. The company has a market cap of $33.35 billion, a price-to-earnings ratio of 24.17, a PEG ratio of 1.65 and a beta of 1.14. The firm’s fifty day moving average is $15.38 and its 200 day moving average is $15.44. The company has a quick ratio of 0.70, a current ratio of 1.13 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 results on Wednesday, February 5th. The industrial products company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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%. On average, equities research analysts expect that ASSA ABLOY AB will post 0.69 earnings per share for the current year.

ASSA ABLOY AB (publ) Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, May 15th. Stockholders of record on Friday, April 25th will be given a dividend of $0.1387 per share. The ex-dividend date of this dividend is Friday, April 25th. This is a positive change from ASSA ABLOY AB (publ)’s previous dividend of $0.13. ASSA ABLOY AB (publ)’s dividend payout ratio is presently 23.88%.

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.