Short Interest in BE Semiconductor Industries (OTCMKTS:BESIY) Decreases By 83.3%

BE Semiconductor Industries (OTCMKTS:BESIYGet Rating) saw a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 100 shares, a decrease of 83.3% from the March 15th total of 600 shares. Based on an average daily trading volume, of 6,800 shares, the short-interest ratio is presently 0.0 days.

A number of research analysts have weighed in on the stock. UBS Group reiterated a “buy” rating on shares of BE Semiconductor Industries in a research report on Tuesday, February 22nd. Morgan Stanley assumed coverage on BE Semiconductor Industries in a report on Wednesday, December 15th. They issued an “underweight” rating on the stock. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold”.

BE Semiconductor Industries stock opened at $74.36 on Wednesday. The business’s 50-day simple moving average is $82.52 and its two-hundred day simple moving average is $84.69. The company has a market cap of $5.39 billion, a PE ratio of 18.54 and a beta of 1.34. BE Semiconductor Industries has a fifty-two week low of $67.55 and a fifty-two week high of $98.23.

BE Semiconductor Industries (OTCMKTS:BESIYGet Rating) last released its quarterly earnings data on Friday, February 18th. The technology company reported $0.91 EPS for the quarter. BE Semiconductor Industries had a return on equity of 59.29% and a net margin of 37.66%. The business had revenue of $196.41 million for the quarter.

About BE Semiconductor Industries (Get Rating)

BE Semiconductor Industries NV engages in the development, manufacturing, marketing, sales, and service of semiconductor assembly equipment for the global semiconductor and electronics industries. Its products and services include machines conversion kits and upgrades; installation, start-up, and training services; spare parts; and extended warranty.

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