Brenntag SE (OTCMKTS:BNTGY) Short Interest Update

Brenntag SE (OTCMKTS:BNTGY) was the recipient of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 3,000 shares, a decrease of 89.0% from the December 31st total of 27,200 shares. Based on an average trading volume of 240,500 shares, the short-interest ratio is currently 0.0 days.

Brenntag Stock Up 3.1 %

Shares of BNTGY traded up $0.39 during midday trading on Thursday, reaching $12.78. 41,460 shares of the stock were exchanged, compared to its average volume of 142,975. The firm has a 50 day simple moving average of $12.21 and a 200-day simple moving average of $13.30. Brenntag has a 12-month low of $11.09 and a 12-month high of $18.72. The company has a market cap of $9.23 billion, a price-to-earnings ratio of 15.78 and a beta of 1.12.

Brenntag (OTCMKTS:BNTGY) last released its quarterly earnings results on Tuesday, November 12th. The company reported $0.18 earnings per share for the quarter. The business had revenue of $4.47 billion for the quarter. Brenntag had a net margin of 3.36% and a return on equity of 12.24%. Research analysts expect that Brenntag will post 0.94 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have commented on BNTGY. UBS Group downgraded Brenntag from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 17th. Barclays raised Brenntag from a “strong sell” rating to a “hold” rating in a research note on Friday, January 17th. Finally, Citigroup cut Brenntag from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 13th.

About Brenntag

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.