BE Semiconductor Industries NV (OTCMKTS:BESIY) Short Interest Up 92.0% in May

BE Semiconductor Industries NV (OTCMKTS:BESIY) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 7,533 shares, a growth of 92.0% from the April 30th total of 3,923 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 16,934 shares, the short-interest ratio is presently 0.4 days.

Wall Street Analysts Forecast Growth

BESIY has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of BE Semiconductor Industries in a research note on Friday, May 15th. Zacks Research upgraded BE Semiconductor Industries to a “strong-buy” rating in a research note on Thursday, April 23rd. Berenberg Bank upgraded BE Semiconductor Industries to a “hold” rating in a research note on Monday, February 23rd. Finally, Morgan Stanley restated an “overweight” rating on shares of BE Semiconductor Industries in a research note on Tuesday, May 19th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

BE Semiconductor Industries Trading Up 2.2%

Shares of BESIY opened at $333.00 on Wednesday. The business’s 50-day moving average price is $272.35 and its 200-day moving average price is $215.19. BE Semiconductor Industries has a twelve month low of $122.81 and a twelve month high of $337.84. The stock has a market cap of $24.15 billion, a PE ratio of 150.68 and a beta of 1.97. The company has a quick ratio of 4.17, a current ratio of 4.74 and a debt-to-equity ratio of 1.11.

BE Semiconductor Industries (OTCMKTS:BESIY) last issued its quarterly earnings data on Thursday, April 23rd. The technology company reported $0.76 EPS for the quarter, hitting the consensus estimate of $0.76. BE Semiconductor Industries had a return on equity of 38.42% and a net margin of 24.02%.The company had revenue of $216.51 million during the quarter, compared to analyst estimates of $220.77 million. On average, equities analysts forecast that BE Semiconductor Industries will post 4.46 EPS for the current fiscal year.

BE Semiconductor Industries Company Profile

BE Semiconductor Industries NV (OTCMKTS:BESIY), commonly known as BESI, is a global supplier of assembly equipment for the semiconductor industry. The company designs, develops and manufactures capital equipment used in the back-end production of semiconductor devices, including die attach, wire bonding and flip chip packaging systems. BESI’s platforms support a wide range of applications from memory and logic chips to advanced power devices and radio-frequency modules, enabling high precision, throughput and yield in device assembly and test processes.

Founded in 1995 and headquartered in Duiven, the Netherlands, BESI went public on Euronext Amsterdam in 1999.