Siemens Energy AG (OTCMKTS:SMNEY) Sees Significant Decline in Short Interest

Siemens Energy AG (OTCMKTS:SMNEY - Get Free Report) was the target of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 16,000 shares, a decrease 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 shares of the stock are sold short.

Analyst Ratings Changes

A number of research firms recently weighed in on SMNEY. UBS Group cut Siemens Energy from a "hold" rating to a "strong sell" rating in a report on Monday, January 20th. Morgan Stanley reissued an "overweight" rating on shares of Siemens Energy in a report on Monday, February 3rd. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating, one has given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, Siemens Energy has an average rating of "Moderate Buy".

Siemens Energy Price Performance

OTCMKTS:SMNEY traded up $0.03 on Friday, reaching $66.72. The stock had a trading volume of 82,755 shares, compared to its average volume of 338,771. Siemens Energy has a 12-month low of $17.50 and a 12-month high of $69.07. The company has a market cap of $53.33 billion and a price-to-earnings ratio of -317.71. The firm's fifty day moving average is $59.17 and its two-hundred day moving average is $49.17.

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Siemens Energy (OTCMKTS:SMNEY - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The company reported $0.24 earnings per share (EPS) for the quarter. As a group, research analysts forecast that Siemens Energy will post 0.24 earnings per share for the current fiscal year.

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.