Siemens Energy AG (OTCMKTS:SMNEY) Sees Significant Drop in Short Interest

Siemens Energy AG (OTCMKTS:SMNEY) saw a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 20,500 shares, a decrease of 27.8% from the January 31st total of 28,400 shares. Based on an average daily trading volume, of 532,100 shares, the short-interest ratio is currently 0.0 days.

Siemens Energy Stock Down 3.5 %

Shares of Siemens Energy stock traded down $2.01 on Wednesday, reaching $55.42. The company’s stock had a trading volume of 138,606 shares, compared to its average volume of 304,655. Siemens Energy has a 52-week low of $14.84 and a 52-week high of $66.95. The company has a market capitalization of $44.30 billion and a P/E ratio of -263.90. The stock has a 50-day moving average price of $56.86 and a 200-day moving average price of $46.52.

Siemens Energy (OTCMKTS:SMNEY) last issued its earnings results on Wednesday, February 12th. The company reported $0.24 EPS for the quarter. Sell-side analysts forecast that Siemens Energy will post 0.24 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. UBS Group cut shares of Siemens Energy from a “hold” rating to a “strong sell” rating in a research report on Monday, January 20th. Morgan Stanley reaffirmed an “overweight” rating on shares of Siemens Energy in a report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, one has assigned a hold rating, one has given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.

Siemens Energy Company Profile

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.