Short Interest in Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY) Decreases By 50.8%

Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY) saw a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 3,000 shares, a decline of 50.8% from the August 31st total of 6,100 shares. Based on an average trading volume of 220,900 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 220,900 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on SMNEY. Hsbc Global Res raised shares of Siemens Energy to a “strong-buy” rating in a research report on Friday, September 5th. Citigroup reaffirmed a “neutral” rating on shares of Siemens Energy in a report on Thursday. Berenberg Bank raised Siemens Energy to a “strong-buy” rating in a research report on Thursday. Zacks Research raised Siemens Energy from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 1st. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Siemens Energy in a report on Friday, August 8th. Three equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Siemens Energy Stock Performance

Shares of Siemens Energy stock opened at $124.68 on Friday. The firm’s fifty day simple moving average is $111.90 and its 200-day simple moving average is $96.24. Siemens Energy has a 12 month low of $36.18 and a 12 month high of $128.98. The stock has a market capitalization of $99.66 billion, a price-to-earnings ratio of 105.66, a PEG ratio of 0.64 and a beta of 1.96. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.90 and a quick ratio of 0.62.

Siemens Energy (OTCMKTS:SMNEY) last announced its earnings results on Wednesday, August 6th. The company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.48. The business had revenue of $11.06 billion during the quarter, compared to analysts’ expectations of $10.64 billion. Siemens Energy had a net margin of 2.50% and a return on equity of 9.57%. As a group, equities analysts forecast that Siemens Energy will post 0.24 earnings per share for the current year.

About Siemens Energy

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.