BE Semiconductor Industries (OTCMKTS:BESIY) Short Interest Update

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

BE Semiconductor Industries Stock Performance

BESIY traded down $4.06 during trading on Thursday, reaching $113.76. 1,457 shares of the company’s stock were exchanged, compared to its average volume of 2,899. BE Semiconductor Industries has a fifty-two week low of $102.70 and a fifty-two week high of $185.00. The company has a market capitalization of $8.25 billion, a P/E ratio of 45.68 and a beta of 1.76. 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 business has a 50 day moving average price of $123.07 and a 200 day moving average price of $124.42.

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

Analyst Ratings Changes

A number of brokerages have recently weighed in on BESIY. UBS Group upgraded shares of BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 7th. Needham & Company LLC downgraded BE Semiconductor Industries from a “moderate buy” rating to a “hold” rating in a research report on Monday, January 13th.

About BE Semiconductor Industries

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.