BE Semiconductor Industries (OTCMKTS:BESIY) Short Interest Update

BE Semiconductor Industries (OTCMKTS:BESIY) saw a significant 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. Based on an average daily volume of 10,900 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the stock are short sold.

BE Semiconductor Industries Price Performance

Shares of BE Semiconductor Industries stock traded down $3.05 during trading on Friday, hitting $110.71. 3,992 shares of the stock traded hands, compared to its average volume of 2,918. The stock has a market cap of $8.03 billion, a price-to-earnings ratio of 44.46 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. BE Semiconductor Industries has a 52 week low of $102.70 and a 52 week high of $185.00. The firm’s fifty day moving average is $122.23 and its 200-day moving average is $124.32.

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

Analysts Set New Price Targets

BESIY has been the subject of several research analyst reports. Needham & Company LLC lowered shares of BE Semiconductor Industries from a “moderate buy” rating to a “hold” rating in a research report on Monday, January 13th. 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.

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.