BE Semiconductor Industries (OTCMKTS:BESIY) Sees Large Drop in Short Interest

BE Semiconductor Industries (OTCMKTS:BESIY) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 1,500 shares, a decrease of 37.5% from the December 15th total of 2,400 shares. Based on an average trading volume of 3,100 shares, the days-to-cover ratio is currently 0.5 days.

BE Semiconductor Industries Stock Performance

Shares of OTCMKTS:BESIY opened at $153.00 on Friday. The company has a current ratio of 6.86, a quick ratio of 6.12 and a debt-to-equity ratio of 1.13. The company’s fifty day moving average is $131.87 and its 200 day moving average is $132.18. BE Semiconductor Industries has a 52 week low of $105.53 and a 52 week high of $195.34.

BE Semiconductor Industries (OTCMKTS:BESIY) last released its quarterly earnings data on Thursday, October 24th. The technology company reported $0.65 EPS for the quarter. BE Semiconductor Industries had a return on equity of 39.36% and a net margin of 28.93%. The firm had revenue of $172.08 million for the quarter.

Analyst Upgrades and Downgrades

BESIY has been the topic of several recent research reports. Needham & Company LLC lowered BE Semiconductor Industries from a “moderate buy” rating to a “hold” rating in a research report on Monday. UBS Group upgraded shares of BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 7th.

BE Semiconductor Industries Company Profile

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.