Short Interest in Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Decreases By 56.1%

Siemens Aktiengesellschaft (OTCMKTS:SIEGY - Get Free Report) was the target of a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 22,900 shares, a decrease of 56.1% from the March 31st total of 52,200 shares. Based on an average trading volume of 840,500 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Siemens Aktiengesellschaft Stock Performance

SIEGY stock traded up $3.85 during trading hours on Friday, hitting $119.46. 97,323 shares of the stock were exchanged, compared to its average volume of 348,405. The company has a 50-day simple moving average of $115.16 and a two-hundred day simple moving average of $106.41. The firm has a market capitalization of $191.14 billion, a P/E ratio of 18.35, a P/E/G ratio of 3.27 and a beta of 1.17. Siemens Aktiengesellschaft has a 12 month low of $83.64 and a 12 month high of $131.87. 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 posted its quarterly earnings data on Thursday, February 13th. The technology company reported $1.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.05 by $0.05. Siemens Aktiengesellschaft had a net margin of 12.41% and a return on equity of 13.82%. The firm had revenue of $19.58 billion during the quarter, compared to the consensus estimate of $18.70 billion. On average, analysts forecast that Siemens Aktiengesellschaft will post 6.59 earnings per share for the current fiscal year.

Siemens Aktiengesellschaft Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, February 25th. Stockholders of record on Friday, February 14th were issued a dividend of $2.6907 per share. This is a positive change from Siemens Aktiengesellschaft's previous dividend of $1.88. The ex-dividend date of this dividend was Friday, February 14th. Siemens Aktiengesellschaft's dividend payout ratio is 30.72%.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada downgraded shares of Siemens Aktiengesellschaft from a "moderate buy" rating to a "hold" rating in a report on Wednesday, March 19th.

About Siemens Aktiengesellschaft

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.