Short Interest in Siemens Energy AG (OTCMKTS:SMNEY) Declines By 56.3%

Siemens Energy AG (OTCMKTS:SMNEY - Get Free Report) was the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totalling 15,200 shares, a drop of 56.3% from the April 30th total of 34,800 shares. Based on an average daily trading volume, of 417,900 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company's stock are short sold.

Siemens Energy Stock Performance

SMNEY stock traded up $0.58 during trading on Tuesday, reaching $101.45. 210,785 shares of the company were exchanged, compared to its average volume of 298,940. The stock's 50 day moving average price is $76.89 and its 200 day moving average price is $63.75. Siemens Energy has a 52-week low of $24.38 and a 52-week high of $101.50. The company has a market cap of $81.09 billion and a P/E ratio of 461.14.

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

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Siemens Energy in a research report on Thursday, March 27th. Morgan Stanley restated an "overweight" rating on shares of Siemens Energy in a research note on Tuesday, May 27th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Siemens Energy has a consensus 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.