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

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) saw a large decrease in short interest in 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 company’s shares are short sold. Based on an average daily volume of 1,021,500 shares, the short-interest ratio is currently 0.0 days.

Siemens Aktiengesellschaft Stock Down 7.4 %

Shares of OTCMKTS SIEGY opened at $108.29 on Friday. The firm’s fifty day moving average is $116.48 and its 200 day moving average is $104.89. Siemens Aktiengesellschaft has a 52 week low of $83.64 and a 52 week high of $131.87. The company has a quick ratio of 1.15, a current ratio of 1.40 and a debt-to-equity ratio of 0.73. The company has a market cap of $173.26 billion, a price-to-earnings ratio of 16.63, a PEG ratio of 3.27 and a beta of 1.17.

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) last issued its quarterly earnings data 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 research analysts expect that Siemens Aktiengesellschaft will post 6.59 earnings per share for the current year.

Siemens Aktiengesellschaft Increases Dividend

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

Analyst Ratings Changes

A number of brokerages recently commented on SIEGY. Royal Bank of Canada cut shares of Siemens Aktiengesellschaft from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, March 19th. Hsbc Global Res raised Siemens Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a research note on Thursday, December 5th.

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.