Short Interest in BE Semiconductor Industries (OTCMKTS:BESIY) Drops By 66.7%

BE Semiconductor Industries (OTCMKTS:BESIY) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 100 shares, a drop of 66.7% from the August 15th total of 300 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is currently 0.3 days.

Separately, Berenberg Bank lowered shares of BE Semiconductor Industries from a “buy” rating to a “hold” rating in a research note on Thursday, September 2nd.

Shares of BESIY stock opened at $96.05 on Friday. The company has a 50 day moving average of $86.50 and a 200-day moving average of $83.35. The company has a quick ratio of 4.17, a current ratio of 4.61 and a debt-to-equity ratio of 0.65. BE Semiconductor Industries has a 12-month low of $41.09 and a 12-month high of $96.05. The firm has a market cap of $6.96 billion, a P/E ratio of 31.19 and a beta of 1.45.

BE Semiconductor Industries (OTCMKTS:BESIY) last released its quarterly earnings data on Tuesday, July 27th. The technology company reported $1.35 EPS for the quarter. The company had revenue of $272.35 million during the quarter. BE Semiconductor Industries had a net margin of 35.72% and a return on equity of 50.81%.

About BE Semiconductor Industries

BE Semiconductor Industries NV engages in the development, manufacturing, marketing, sales, and service of semiconductor assembly equipment for the global semiconductor and electronics industries. Its products and services include machines conversion kits and upgrades; installation, start-up, and training services; spare parts; and extended warranty.

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