Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY) Short Interest Update

Key Points

• Siemens Energy AG saw a significant increase in short interest of 113.3%, reaching a total of 6,400 shares by September 30.
• The company reported a net income of $0.79 per share for the latest quarter, exceeding expectations with revenues of $11.06 billion.
• Analyst ratings vary, with a recent downgrade by Rothschild Redb to a "hold" rating, while Zacks Research upgraded it to a "strong-buy," resulting in a consensus rating of "Moderate Buy."

Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY - Get Free Report) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totaling 6,400 shares, a growth of 113.3% from the September 15th total of 3,000 shares. Based on an average daily volume of 228,100 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 228,100 shares, the short-interest ratio is presently 0.0 days.

Siemens Energy Stock Up 0.1%

Shares of OTCMKTS SMNEY traded up $0.09 during mid-day trading on Monday, hitting $119.07. The company had a trading volume of 82,070 shares, compared to its average volume of 212,541. The company has a market capitalization of $95.17 billion, a PE ratio of 100.91, a price-to-earnings-growth ratio of 0.60 and a beta of 1.96. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.90 and a quick ratio of 0.62. Siemens Energy has a 1-year low of $38.51 and a 1-year high of $128.98. The business's 50-day simple moving average is $113.88 and its 200 day simple moving average is $100.74.

Siemens Energy (OTCMKTS:SMNEY - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.48. The business had revenue of $11.06 billion for the quarter, compared to analysts' expectations of $10.64 billion. Siemens Energy had a return on equity of 9.57% and a net margin of 2.50%. On average, analysts predict that Siemens Energy will post 0.24 earnings per share for the current year.

Analyst Ratings Changes

SMNEY has been the subject of a number of analyst reports. Rothschild Redb lowered Siemens Energy from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, October 15th. Citigroup reissued a "neutral" rating on shares of Siemens Energy in a research note on Thursday, October 2nd. Morgan Stanley restated an "overweight" rating on shares of Siemens Energy in a research note on Friday, August 8th. Zacks Research upgraded Siemens Energy from a "hold" rating to a "strong-buy" rating in a research note on Monday, September 1st. Finally, Berenberg Bank upgraded Siemens Energy to a "strong-buy" rating in a research note on Thursday, October 2nd. Three equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Siemens Energy currently has a consensus rating of "Moderate Buy".

About Siemens Energy

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.

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