Siemens Energy AG (OTCMKTS:SMNEY) Short Interest Update

Siemens Energy AG (OTCMKTS:SMNEY) saw a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 16,000 shares, a drop of 22.0% from the February 13th total of 20,500 shares. Based on an average daily volume of 220,900 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Siemens Energy Stock Performance

SMNEY stock traded up $1.99 on Tuesday, hitting $66.89. 157,017 shares of the company’s stock were exchanged, compared to its average volume of 358,764. The stock has a market cap of $53.47 billion and a P/E ratio of -318.52. Siemens Energy has a 12-month low of $16.02 and a 12-month high of $67.05. The firm has a 50 day moving average price of $58.34 and a two-hundred day moving average price of $48.65.

Siemens Energy (OTCMKTS:SMNEY) last posted its quarterly earnings data on Wednesday, February 12th. The company reported $0.24 EPS for the quarter. Sell-side analysts expect that Siemens Energy will post 0.24 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have commented on SMNEY. Morgan Stanley restated an “overweight” rating on shares of Siemens Energy in a report on Monday, February 3rd. UBS Group downgraded Siemens Energy from a “hold” rating to a “strong sell” rating in a report on Monday, January 20th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating, one has issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently 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.