BE Semiconductor Industries NV (OTCMKTS:BESIY) experienced a notable increase in short interest during December 2023. As of December 15, short interest rose to a total of 1,599 shares, marking a dramatic growth of 335.7% from the previous total of 367 shares recorded on November 30. Currently, the percentage of shares short sold stands at 0.0%, indicating minimal investor speculation on the stock’s decline.
With an average daily trading volume of 3,880 shares, the short-interest ratio currently sits at 0.4 days, demonstrating a relatively low level of short selling activity.
Stock Performance and Financial Highlights
Shares of BE Semiconductor Industries opened at $155.13 on Thursday, reflecting a modest increase of 0.1%. Over the past year, the stock has fluctuated significantly, with a low of $88.02 and a high of $174.45. The company’s fifty-day simple moving average is reported at $158.79, while the two-hundred day moving average stands at $149.04.
Financially, BE Semiconductor Industries has a debt-to-equity ratio of 1.46, a current ratio of 5.75, and a quick ratio of 5.02. The company last disclosed its quarterly earnings on October 23, 2023, reporting earnings per share (EPS) of $0.37. This figure surpassed analysts’ expectations of $0.31 by $0.06. Revenue for the quarter was $154.12 million, slightly below the anticipated $160.84 million.
Despite this, BE Semiconductor Industries demonstrated a strong return on equity of 33.98% and a net margin of 25.42%. Analysts project the company will achieve an EPS of 4.56 for the current fiscal year.
Company Overview
Founded in 1995 and headquartered in Duiven, Netherlands, BE Semiconductor Industries NV is recognized as a global supplier of assembly equipment for the semiconductor industry. The company specializes in the design, development, and manufacture of capital equipment for back-end production processes of semiconductor devices. These include systems for die attach, wire bonding, and flip chip packaging.
BESI’s platforms cater to a diverse range of applications, enabling high precision and efficiency in the assembly and testing of semiconductor devices, such as memory chips and advanced power modules. The company has been publicly traded on Euronext Amsterdam since 1999, further solidifying its position within the industry.
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