Siemens Energy AG (OTCMKTS:SMNEY) Short Interest Update

Siemens Energy AG (OTCMKTS:SMNEY) was the recipient of a significant increase in short interest in May. As of May 31st, there was short interest totalling 30,300 shares, an increase of 99.3% from the May 15th total of 15,200 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 366,600 shares, the short-interest ratio is currently 0.1 days.

Siemens Energy Stock Down 2.1%

Shares of SMNEY traded down $2.04 during mid-day trading on Friday, reaching $97.32. 103,592 shares of the company’s stock were exchanged, compared to its average volume of 289,744. The company has a 50-day simple moving average of $83.57 and a two-hundred day simple moving average of $66.48. Siemens Energy has a 52-week low of $24.38 and a 52-week high of $102.01. The company has a market cap of $77.79 billion and a price-to-earnings ratio of 442.36.

Siemens Energy (OTCMKTS:SMNEY) last released its earnings results on Thursday, May 8th. The company reported $0.52 EPS for the quarter. The firm had revenue of $10.48 billion during the quarter. As a group, equities research analysts predict that Siemens Energy will post 0.24 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently commented on SMNEY shares. Morgan Stanley reissued an “overweight” rating on shares of Siemens Energy in a report on Tuesday, May 27th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Siemens Energy in a research note on Thursday, March 27th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, two have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock currently 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.