Siemens AG (OTCMKTS:SIEGY) Sees Significant Drop in Short Interest

Siemens AG (OTCMKTS:SIEGYGet Free Report) saw a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 121,195 shares, a drop of 29.5% from the January 15th total of 171,910 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 399,243 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 399,243 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are short sold.

Key Siemens News

Here are the key news stories impacting Siemens this week:

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Erste Group Bank downgraded Siemens from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Santander upgraded shares of Siemens from a “neutral” rating to an “outperform” rating in a research report on Wednesday, February 4th. Zacks Research upgraded shares of Siemens from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 15th. Kepler Capital Markets downgraded Siemens from a “hold” rating to a “reduce” rating in a research report on Tuesday, January 27th. Finally, Barclays reaffirmed an “underweight” rating on shares of Siemens in a report on Wednesday, December 3rd. Four research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold”.

View Our Latest Report on Siemens

Siemens Stock Down 3.5%

OTCMKTS SIEGY opened at $149.21 on Monday. The business has a fifty day moving average price of $145.83 and a two-hundred day moving average price of $139.46. The stock has a market capitalization of $238.74 billion, a PE ratio of 26.40 and a beta of 1.25. Siemens has a fifty-two week low of $94.55 and a fifty-two week high of $161.80. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.37 and a quick ratio of 1.15.

Siemens (OTCMKTS:SIEGYGet Free Report) last posted its quarterly earnings results on Thursday, February 12th. The technology company reported $1.50 EPS for the quarter, topping analysts’ consensus estimates of $1.27 by $0.23. Siemens had a return on equity of 12.37% and a net margin of 9.93%.The company had revenue of $22.70 billion during the quarter, compared to analysts’ expectations of $18.95 billion. Equities analysts expect that Siemens will post 6.59 earnings per share for the current fiscal year.

Siemens Company Profile

(Get Free Report)

Siemens AG is a German multinational conglomerate headquartered in Munich that develops and sells infrastructure and industrial technology. The company’s activities cover a broad range of engineering and technology solutions, including industrial automation and control systems, software for product lifecycle and factory automation, building and energy management systems, and transportation solutions such as rolling stock and rail signaling. Siemens serves industrial, commercial and public-sector customers with products and turnkey systems as well as lifecycle services and digital solutions.

Siemens operates through multiple business units that emphasize digitalization, electrification and automation across industries.

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