Short Interest in Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Drops By 13.3%

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) was the recipient of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 26,100 shares, a decrease of 13.3% from the February 28th total of 30,100 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 1,021,500 shares, the days-to-cover ratio is currently 0.0 days.

Siemens Aktiengesellschaft Price Performance

Shares of SIEGY opened at $115.73 on Wednesday. The company has a current ratio of 1.40, a quick ratio of 1.15 and a debt-to-equity ratio of 0.73. The stock has a market cap of $185.17 billion, a P/E ratio of 17.78, a price-to-earnings-growth ratio of 3.27 and a beta of 1.24. The stock’s 50-day moving average price is $116.31 and its two-hundred day moving average price is $104.78. Siemens Aktiengesellschaft has a 1 year low of $83.64 and a 1 year high of $131.87.

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) last issued its earnings results on Thursday, February 13th. The technology company reported $1.10 EPS for the quarter, beating the consensus estimate of $1.05 by $0.05. The firm had revenue of $19.58 billion during the quarter, compared to the consensus estimate of $18.70 billion. Siemens Aktiengesellschaft had a net margin of 12.41% and a return on equity of 13.82%. On average, equities analysts predict that Siemens Aktiengesellschaft will post 6.59 earnings per share for the current year.

Siemens Aktiengesellschaft Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, February 25th. Shareholders of record on Friday, February 14th were issued a $2.6907 dividend. This is an increase from Siemens Aktiengesellschaft’s previous dividend of $1.88. The ex-dividend date was Friday, February 14th. Siemens Aktiengesellschaft’s dividend payout ratio is 30.72%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Hsbc Global Res raised Siemens Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a report on Thursday, December 5th. Royal Bank of Canada cut shares of Siemens Aktiengesellschaft from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, March 19th.

Siemens Aktiengesellschaft Company Profile

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.