BE Semiconductor Industries (OTCMKTS:BESIY) Short Interest Up 566.7% in March

BE Semiconductor Industries (OTCMKTS:BESIY) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 4,000 shares, a growth of 566.7% from the February 28th total of 600 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 10,900 shares, the short-interest ratio is presently 0.4 days.

BE Semiconductor Industries Stock Performance

Shares of BESIY stock traded down $3.05 during trading hours on Friday, reaching $110.71. 3,992 shares of the company traded hands, compared to its average volume of 2,918. The company has a debt-to-equity ratio of 1.13, a current ratio of 6.86 and a quick ratio of 6.12. BE Semiconductor Industries has a 12-month low of $102.70 and a 12-month high of $185.00. The company has a market cap of $8.03 billion, a P/E ratio of 44.46 and a beta of 1.76. The firm has a 50-day moving average price of $122.23 and a 200 day moving average price of $124.32.

BE Semiconductor Industries (OTCMKTS:BESIY) last announced its quarterly earnings data on Thursday, February 20th. The technology company reported $0.79 EPS for the quarter. BE Semiconductor Industries had a net margin of 29.92% and a return on equity of 39.31%. The firm had revenue of $163.66 million for the quarter. As a group, sell-side analysts predict that BE Semiconductor Industries will post 4.56 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently commented on BESIY. Needham & Company LLC lowered BE Semiconductor Industries from a “moderate buy” rating to a “hold” rating in a research note on Monday, January 13th. UBS Group raised shares of BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 7th.

BE Semiconductor Industries Company Profile

BE Semiconductor Industries N.V. engages in the development, manufacture, marketing, sale, and service of semiconductor assembly equipment for the semiconductor and electronics industries in China, the United States, Malaysia, Ireland, Korea, Taiwan, Thailand, Other Asia Pacific and Europe, and internationally.