Short Interest in BE Semiconductor Industries (OTCMKTS:BESIY) Increases By 566.7%

BE Semiconductor Industries (OTCMKTS:BESIY) was the recipient of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 4,000 shares, a growth of 566.7% from the February 28th total of 600 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 10,900 shares, the days-to-cover ratio is presently 0.4 days.

Analysts Set New Price Targets

Several analysts have weighed in on the company. UBS Group raised BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 7th. Needham & Company LLC lowered BE Semiconductor Industries from a “moderate buy” rating to a “hold” rating in a report on Monday, January 13th.

BE Semiconductor Industries Trading Down 3.4 %

Shares of BE Semiconductor Industries stock traded down $4.06 during trading on Wednesday, hitting $113.76. The stock had a trading volume of 1,457 shares, compared to its average volume of 2,899. The company has a quick ratio of 6.12, a current ratio of 6.86 and a debt-to-equity ratio of 1.13. The company has a market capitalization of $8.25 billion, a PE ratio of 45.68 and a beta of 1.76. BE Semiconductor Industries has a 1 year low of $102.70 and a 1 year high of $185.00. The stock has a 50 day simple moving average of $123.07 and a 200 day simple moving average of $124.42.

BE Semiconductor Industries (OTCMKTS:BESIY) last released its earnings results on Thursday, February 20th. The technology company reported $0.79 earnings per share (EPS) for the quarter. BE Semiconductor Industries had a net margin of 29.92% and a return on equity of 39.31%. The company had revenue of $163.66 million during the quarter. On average, research analysts expect that BE Semiconductor Industries will post 4.56 EPS for the current fiscal year.

BE Semiconductor Industries Company Profile

BE Semiconductor Industries N.V. engages in the development, manufacture, marketing, sale, and service of semiconductor assembly equipment for the semiconductor and electronics industries in China, the United States, Malaysia, Ireland, Korea, Taiwan, Thailand, Other Asia Pacific and Europe, and internationally.