Siemens Energy AG (OTCMKTS:SMNEY) Short Interest Up 57.5% in March

Siemens Energy AG (OTCMKTS:SMNEY) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 25,200 shares, an increase of 57.5% from the February 28th total of 16,000 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 986,000 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

Several equities analysts have recently issued reports on SMNEY shares. Morgan Stanley restated an “overweight” rating on shares of Siemens Energy in a research report on Thursday. UBS Group cut shares of Siemens Energy from a “hold” rating to a “strong sell” rating in a report on Monday, January 20th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Siemens Energy in a research note on Thursday. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Siemens Energy currently has an average rating of “Moderate Buy”.

Siemens Energy Stock Performance

OTCMKTS SMNEY traded down $2.55 during trading hours on Friday, hitting $59.75. 86,187 shares of the company traded hands, compared to its average volume of 325,922. The stock has a market capitalization of $47.76 billion and a price-to-earnings ratio of -284.52. Siemens Energy has a twelve month low of $18.18 and a twelve month high of $69.07. The business’s 50-day moving average is $60.58 and its 200-day moving average is $50.68.

Siemens Energy (OTCMKTS:SMNEY) last released its quarterly earnings data on Wednesday, February 12th. The company reported $0.24 earnings per share for the quarter. Analysts predict that Siemens Energy will post 0.24 EPS for the current year.

Siemens Energy Company Profile

Siemens Energy AG operates as an energy technology company worldwide. It operates through Gas Services, Grid Technologies, Transformation of Industry, and Siemens Gamesa segments. The company provides gas and steam turbines, generators, and heat pumps, as well as performance enhancement, maintenance, customer training, and professional consulting services for central and distributed power generation; and high voltage direct current transmission systems, offshore windfarm grid connections, transformers, flexible alternating current transmission systems, high voltage substations, air and gas-insulated switchgears, digital grid solutions and components, and storage solutions.