Relevant points indicate that the performance of BASF stock has been under scrutiny recently. The stock rises above its 200-day moving average while experiencing a drop in earnings in recent quarters. Meanwhile, the company is achieving high returns on capital despite a rise in short interest. There seems a recovery in the stock volume, yet the stock rating remains underperforming. There have been observations of more autonomy for its agriculture and battery units and a price drop is noted due to weak financials. BASF also plans to exit its joint ventures in China's Xinjiang due to rights record scrutiny while it continues to explore collaborations for battery production. Dividends have been declared showing potential return for investors and the company also invests in wind farms to reduce the carbon footprint. Alongside, BASF also seems to have struggled laying off employees at its Finland site due to permit problems. Earnings forecasts have missed the mark by 20% while expectations around sustainable growth remain highlighted. Potentially, the intrinsic value of BASF appears significantly higher than its current share price.
BASF Stocks News Analytics from Mon, 31 Jan 2022 08:00:00 GMT to Sat, 11 May 2024 22:54:12 GMT -
Rating -2
- Innovation -4
- Information 6
- Rumor 6
