ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Short Interest Down 75.3% in April

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) was the target of a significant decrease in short interest in April. As of April 15th, there was short interest totalling 5,700 shares, a decrease of 75.3% from the March 31st total of 23,100 shares. Based on an average daily volume of 185,700 shares, the short-interest ratio is presently 0.0 days.

ASSA ABLOY AB (publ) Stock Up 1.3 %

ASSA ABLOY AB (publ) stock traded up $0.17 during trading on Friday, reaching $13.64. 611,288 shares of the company were exchanged, compared to its average volume of 99,068. The stock’s 50 day simple moving average is $14.30 and its two-hundred day simple moving average is $13.31. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.68 and a current ratio of 1.10. ASSA ABLOY AB has a 52-week low of $10.17 and a 52-week high of $15.09.

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) last announced its quarterly earnings results on Wednesday, February 7th. The industrial products company reported $0.17 earnings per share for the quarter, meeting the consensus estimate of $0.17. ASSA ABLOY AB (publ) had a net margin of 10.02% and a return on equity of 15.70%. The firm had revenue of $3.48 billion for the quarter, compared to analysts’ expectations of $3.60 billion. As a group, research analysts anticipate that ASSA ABLOY AB will post 0.68 earnings per share for the current fiscal year.

ASSA ABLOY AB (publ) Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, May 17th. Stockholders of record on Friday, April 26th will be paid a $0.1316 dividend. This is a boost from ASSA ABLOY AB (publ)’s previous dividend of $0.11. The ex-dividend date is Thursday, April 25th. ASSA ABLOY AB (publ)’s dividend payout ratio is 25.81%.

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.