Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Short Interest Update

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) was the target of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 52,200 shares, an increase of 100.0% from the March 15th total of 26,100 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 685,400 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada lowered shares of Siemens Aktiengesellschaft from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, March 19th.

Siemens Aktiengesellschaft Stock Performance

SIEGY traded up $0.89 during midday trading on Friday, reaching $106.44. The company had a trading volume of 192,072 shares, compared to its average volume of 360,941. The business has a 50-day moving average price of $115.59 and a two-hundred day moving average price of $105.40. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.15 and a current ratio of 1.40. Siemens Aktiengesellschaft has a 12-month low of $83.64 and a 12-month high of $131.87. The stock has a market cap of $170.30 billion, a PE ratio of 16.35, a P/E/G ratio of 3.27 and a beta of 1.17.

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) last released its earnings results on Thursday, February 13th. The technology company reported $1.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.05 by $0.05. Siemens Aktiengesellschaft had a return on equity of 13.82% and a net margin of 12.41%. The business had revenue of $19.58 billion during the quarter, compared to the consensus estimate of $18.70 billion. On average, sell-side analysts expect that Siemens Aktiengesellschaft will post 6.59 earnings per share for the current fiscal year.

Siemens Aktiengesellschaft Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, February 25th. Investors of record on Friday, February 14th were paid a $2.6907 dividend. This is a positive change from Siemens Aktiengesellschaft’s previous dividend of $1.88. The ex-dividend date was Friday, February 14th. Siemens Aktiengesellschaft’s payout ratio is currently 30.72%.

Siemens Aktiengesellschaft Company Profile

Siemens Aktiengesellschaft, a technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia. It operates through Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services (SFS) segments.