Siemens Energy AG (OTCMKTS:SMNEY) Short Interest Update

Siemens Energy AG (OTCMKTS:SMNEY) was the recipient of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 25,200 shares, a growth of 57.5% from the February 28th total of 16,000 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 986,000 shares, the short-interest ratio is currently 0.0 days.

Siemens Energy Stock Performance

Shares of SMNEY stock traded down $2.55 on Monday, hitting $59.75. The company’s stock had a trading volume of 86,187 shares, compared to its average volume of 325,922. The company has a market capitalization of $47.76 billion and a PE ratio of -284.52. Siemens Energy has a fifty-two week low of $18.18 and a fifty-two week high of $69.07. The stock’s 50 day moving average is $60.58 and its 200-day moving average is $51.00.

Siemens Energy (OTCMKTS:SMNEY) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $0.24 earnings per share for the quarter. On average, research analysts forecast that Siemens Energy will post 0.24 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

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.