Short Interest in Siemens AG (OTCMKTS:SIEGY) Drops By 29.5%

Siemens AG (OTCMKTS:SIEGYGet Free Report) was the recipient of a significant decline in short interest in January. As of January 30th, there was short interest totaling 121,195 shares, a decline of 29.5% from the January 15th total of 171,910 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 399,243 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 399,243 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the company’s shares are short sold.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Evercore started coverage on Siemens in a research report on Monday, December 15th. They set an “outperform” rating on the stock. Citigroup restated a “buy” rating on shares of Siemens in a report on Friday. Barclays reiterated an “underweight” rating on shares of Siemens in a report on Wednesday, December 3rd. Sanford C. Bernstein initiated coverage on shares of Siemens in a research report on Wednesday, January 7th. They issued an “outperform” rating on the stock. Finally, Zacks Research upgraded Siemens from a “strong sell” rating to a “hold” rating in a report on Thursday, January 15th. Four investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold”.

Get Our Latest Analysis on Siemens

Siemens Stock Performance

Shares of SIEGY opened at $149.21 on Friday. The company has a current ratio of 1.37, a quick ratio of 1.15 and a debt-to-equity ratio of 0.66. Siemens has a 12 month low of $94.55 and a 12 month high of $161.80. The firm has a fifty day simple moving average of $145.83 and a 200 day simple moving average of $139.40. The stock has a market capitalization of $238.74 billion, a price-to-earnings ratio of 26.40, a PEG ratio of 3.29 and a beta of 1.25.

Siemens (OTCMKTS:SIEGYGet Free Report) last posted its quarterly earnings data on Thursday, February 12th. The technology company reported $1.50 EPS for the quarter, topping analysts’ consensus estimates of $1.27 by $0.23. The company had revenue of $22.70 billion during the quarter, compared to the consensus estimate of $18.95 billion. Siemens had a net margin of 9.93% and a return on equity of 12.37%. Research analysts forecast that Siemens will post 6.59 EPS for the current fiscal year.

Key Headlines Impacting Siemens

Here are the key news stories impacting Siemens this week:

Siemens Company Profile

(Get Free Report)

Siemens AG is a German multinational conglomerate headquartered in Munich that develops and sells infrastructure and industrial technology. The company’s activities cover a broad range of engineering and technology solutions, including industrial automation and control systems, software for product lifecycle and factory automation, building and energy management systems, and transportation solutions such as rolling stock and rail signaling. Siemens serves industrial, commercial and public-sector customers with products and turnkey systems as well as lifecycle services and digital solutions.

Siemens operates through multiple business units that emphasize digitalization, electrification and automation across industries.

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