Short Interest in BE Semiconductor Industries NV (OTCMKTS:BESIY) Declines By 95.0%

BE Semiconductor Industries NV (OTCMKTS:BESIY) was the recipient of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 100 shares, a drop of 95.0% from the August 31st total of 2,000 shares. Based on an average daily trading volume, of 4,100 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 4,100 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

BESIY has been the topic of several recent research reports. Sanford C. Bernstein initiated coverage on BE Semiconductor Industries in a research report on Tuesday, June 17th. They set an “outperform” rating on the stock. Kepler Capital Markets raised BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 10th. Zacks Research lowered BE Semiconductor Industries from a “hold” rating to a “strong sell” rating in a report on Monday, September 15th. Finally, Barclays lowered BE Semiconductor Industries from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 3rd. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

BE Semiconductor Industries Price Performance

BE Semiconductor Industries stock opened at $149.16 on Thursday. The company has a current ratio of 5.73, a quick ratio of 5.05 and a debt-to-equity ratio of 1.47. BE Semiconductor Industries has a 12 month low of $88.02 and a 12 month high of $155.00. The stock has a 50-day moving average price of $138.75 and a two-hundred day moving average price of $129.21.

BE Semiconductor Industries (OTCMKTS:BESIY) last posted its earnings results on Thursday, July 24th. The technology company reported $0.45 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.04). The firm had revenue of $173.78 million during the quarter, compared to the consensus estimate of $150.33 million. BE Semiconductor Industries had a net margin of 28.10% and a return on equity of 36.83%. On average, equities research analysts expect that BE Semiconductor Industries will post 4.56 EPS for the current year.

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.