BE Semiconductor Industries (OTCMKTS:BESIY) Short Interest Up 233.3% in April

by · The Cerbat Gem

BE Semiconductor Industries (OTCMKTS:BESIY – Get Free Report) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 2,000 shares, a growth of 233.3% from the March 31st total of 600 shares. Based on an average daily trading volume, of 27,800 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Wall Street Analyst Weigh In

BESIY has been the subject of several research reports. HSBC upgraded shares of BE Semiconductor Industries from a “reduce” rating to a “hold” rating in a research note on Monday. Needham & Company LLC downgraded BE Semiconductor Industries from a “moderate buy” rating to a “hold” rating in a report on Monday, January 13th. Finally, UBS Group raised BE Semiconductor Industries from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 7th.

Read Our Latest Stock Analysis on BESIY

BE Semiconductor Industries Trading Up 0.3 %

Shares of OTCMKTS:BESIY traded up $0.28 during mid-day trading on Monday, reaching $111.43. The stock had a trading volume of 1,320 shares, compared to its average volume of 4,867. The firm has a market cap of $8.08 billion, a PE ratio of 44.75 and a beta of 1.75. 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 firm has a 50 day simple moving average of $108.95 and a two-hundred day simple moving average of $121.06. BE Semiconductor Industries has a twelve month low of $88.02 and a twelve month high of $185.00.

BE Semiconductor Industries (OTCMKTS:BESIY – Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The technology company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.08). BE Semiconductor Industries had a return on equity of 39.31% and a net margin of 29.92%. The business had revenue of $165.45 million for the quarter, compared to the consensus estimate of $162.96 million. On average, research analysts predict that BE Semiconductor Industries will post 4.56 EPS for the current fiscal year.

BE Semiconductor Industries Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, May 5th. Shareholders of record on Monday, April 28th will be given a dividend of $2.0024 per share. This is a positive change from BE Semiconductor Industries’s previous dividend of $1.94. The ex-dividend date is Monday, April 28th. BE Semiconductor Industries’s payout ratio is 80.32%.

About BE Semiconductor Industries

(Get Free Report)

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.

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