Short Interest in BE Semiconductor Industries NV (OTCMKTS:BESIY) Rises By 335.7%

BE Semiconductor Industries NV (OTCMKTS:BESIY) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 1,599 shares, a growth of 335.7% from the November 30th total of 367 shares. Based on an average trading volume of 3,880 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 3,880 shares, the days-to-cover ratio is currently 0.4 days.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. UBS Group reaffirmed a “buy” rating on shares of BE Semiconductor Industries in a research note on Friday, October 24th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of BE Semiconductor Industries in a research report on Wednesday, October 15th. Finally, Zacks Research upgraded shares of BE Semiconductor Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.

BE Semiconductor Industries Stock Performance

Shares of OTCMKTS BESIY opened at $155.13 on Friday. The company has a debt-to-equity ratio of 1.46, a current ratio of 5.75 and a quick ratio of 5.02. The firm has a fifty day moving average of $158.50 and a 200 day moving average of $149.08. BE Semiconductor Industries has a one year low of $88.02 and a one year high of $174.45.

BE Semiconductor Industries (OTCMKTS:BESIY) last posted its quarterly earnings data on Thursday, October 23rd. The technology company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.06. The business had revenue of $154.12 million for the quarter, compared to the consensus estimate of $160.84 million. BE Semiconductor Industries had a net margin of 25.42% and a return on equity of 33.98%. As a group, analysts forecast that BE Semiconductor Industries will post 4.56 EPS for the current fiscal year.

BE Semiconductor Industries Company Profile

BE Semiconductor Industries NV (OTCMKTS:BESIY), commonly known as BESI, is a global supplier of assembly equipment for the semiconductor industry. The company designs, develops and manufactures capital equipment used in the back-end production of semiconductor devices, including die attach, wire bonding and flip chip packaging systems. BESI’s platforms support a wide range of applications from memory and logic chips to advanced power devices and radio-frequency modules, enabling high precision, throughput and yield in device assembly and test processes.

Founded in 1995 and headquartered in Duiven, the Netherlands, BESI went public on Euronext Amsterdam in 1999.