Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Sees Significant Drop in Short Interest

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) saw a significant decline in short interest in December. As of December 15th, there was short interest totalling 14,500 shares, a decline of 14.2% from the November 30th total of 16,900 shares. Based on an average daily volume of 186,300 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on SIEGY. Hsbc Global Res upgraded Siemens Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a report on Thursday, December 5th. Bank of America cut shares of Siemens Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research note on Tuesday, November 19th. Finally, Citigroup upgraded shares of Siemens Aktiengesellschaft to a “strong-buy” rating in a report on Wednesday, October 2nd.

Siemens Aktiengesellschaft Stock Down 1.1 %

OTCMKTS SIEGY traded down $1.10 during trading hours on Tuesday, hitting $97.63. 94,440 shares of the company traded hands, compared to its average volume of 144,302. The stock has a market capitalization of $156.21 billion, a price-to-earnings ratio of 17.34, a P/E/G ratio of 2.31 and a beta of 1.28. Siemens Aktiengesellschaft has a twelve month low of $83.64 and a twelve month high of $103.19. The business’s 50-day moving average is $98.17 and its 200-day moving average is $95.22. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.13 and a current ratio of 1.40.

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.