Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Short Interest Update

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) was the recipient of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 59,200 shares, an increase of 68.7% from the May 15th total of 35,100 shares. Based on an average daily trading volume, of 356,700 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Siemens Aktiengesellschaft Stock Performance

OTCMKTS SIEGY opened at $124.32 on Tuesday. The firm has a market capitalization of $198.91 billion, a P/E ratio of 19.10, a P/E/G ratio of 3.27 and a beta of 1.17. Siemens Aktiengesellschaft has a 1-year low of $83.64 and a 1-year high of $131.87. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.40 and a quick ratio of 1.15. The business’s 50-day simple moving average is $118.13 and its 200-day simple moving average is $112.15.

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) last released its quarterly earnings data on Thursday, May 15th. The technology company reported $1.49 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.22. The business had revenue of $22.15 billion for the quarter, compared to analyst estimates of $19.28 billion. Siemens Aktiengesellschaft had a return on equity of 13.82% and a net margin of 12.41%. Equities analysts predict that Siemens Aktiengesellschaft will post 6.59 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Wall Street Zen lowered Siemens Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Wednesday, May 28th. Royal Bank of Canada lowered Siemens Aktiengesellschaft from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, March 19th. Four investment analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

About Siemens Aktiengesellschaft

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.