BE Semiconductor Industries (OTCMKTS:BESIY) Short Interest Up 566.7% in March

BE Semiconductor Industries (OTCMKTS:BESIY) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 4,000 shares, a growth of 566.7% from the February 28th total of 600 shares. Based on an average daily trading volume, of 10,900 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company’s shares are short sold.

BE Semiconductor Industries Stock Performance

Shares of BESIY stock traded down $4.06 during mid-day trading on Wednesday, hitting $113.76. The stock had a trading volume of 1,457 shares, compared to its average volume of 2,899. The firm has a market cap of $8.25 billion, a PE ratio of 45.68 and a beta of 1.76. BE Semiconductor Industries has a fifty-two week low of $102.70 and a fifty-two week high of $185.00. The company’s 50-day simple moving average is $123.07 and its 200-day simple moving average is $124.42. The company has a debt-to-equity ratio of 1.13, a current ratio of 6.86 and a quick ratio of 6.12.

BE Semiconductor Industries (OTCMKTS:BESIY) last announced its earnings results on Thursday, February 20th. The technology company reported $0.79 earnings per share for the quarter. The firm had revenue of $163.66 million during the quarter. BE Semiconductor Industries had a net margin of 29.92% and a return on equity of 39.31%. Sell-side analysts anticipate that BE Semiconductor Industries will post 4.56 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have issued reports on BESIY shares. Needham & Company LLC cut BE Semiconductor Industries from a “moderate buy” rating to a “hold” rating in a research note on Monday, January 13th. UBS Group raised shares of BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 7th.

BE Semiconductor Industries Company Profile

BE Semiconductor Industries N.V. engages in the development, manufacture, marketing, sale, and service of semiconductor assembly equipment for the semiconductor and electronics industries in China, the United States, Malaysia, Ireland, Korea, Taiwan, Thailand, Other Asia Pacific and Europe, and internationally.