Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Short Interest Down 13.5% in May

Siemens Aktiengesellschaft (OTCMKTS:SIEGY - Get Free Report) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totalling 35,100 shares, a decline of 13.5% from the April 30th total of 40,600 shares. Based on an average trading volume of 370,900 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company's stock are short sold.

Wall Street Analyst Weigh In

A number of research firms have recently commented on SIEGY. Wall Street Zen cut Siemens Aktiengesellschaft from a "buy" rating to a "hold" rating in a research note on Wednesday, May 28th. Royal Bank of Canada lowered shares of Siemens Aktiengesellschaft from a "moderate buy" rating to a "hold" rating in a research note on Wednesday, March 19th. Four equities research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold".

Siemens Aktiengesellschaft Stock Up 0.6%

SIEGY traded up $0.80 during trading on Thursday, hitting $124.96. 109,899 shares of the company's stock traded hands, compared to its average volume of 313,162. Siemens Aktiengesellschaft has a 12-month low of $83.64 and a 12-month high of $131.87. The company's 50 day simple moving average is $115.05 and its two-hundred day simple moving average is $110.22. The stock has a market capitalization of $199.94 billion, a price-to-earnings ratio of 19.20, a PEG ratio of 3.27 and a beta of 1.22. The company has a current ratio of 1.40, a quick ratio of 1.15 and a debt-to-equity ratio of 0.73.

Siemens Aktiengesellschaft (OTCMKTS:SIEGY - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The technology company reported $1.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.27 by $0.22. Siemens Aktiengesellschaft had a return on equity of 13.82% and a net margin of 12.41%. The firm had revenue of $22.15 billion for the quarter, compared to the consensus estimate of $19.28 billion. Analysts predict that Siemens Aktiengesellschaft will post 6.59 earnings per share for the current fiscal year.

Siemens Aktiengesellschaft Company Profile

Siemens Aktiengesellschaft, a technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia. It operates through Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services (SFS) segments.