Siemens Healthineers AG (OTCMKTS:SMMNY – Get Free Report) was the target of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 8,769 shares, a drop of 82.5% from the April 15th total of 50,051 shares. Based on an average daily trading volume, of 410,091 shares, the days-to-cover ratio is currently 0.0 days.
Siemens Healthineers Price Performance
SMMNY stock opened at $19.71 on Tuesday. The company’s 50-day moving average is $21.70 and its 200-day moving average is $24.30. Siemens Healthineers has a 1 year low of $19.54 and a 1 year high of $28.92.
Siemens Healthineers (OTCMKTS:SMMNY – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.02. The business had revenue of $6.68 billion during the quarter, compared to analyst estimates of $6.96 billion.
Wall Street Analyst Weigh In
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Siemens Healthineers Company Profile
Siemens Healthineers AG is a leading global medical technology company that develops, manufactures and distributes a broad range of products and services for the healthcare sector. Headquartered in Erlangen, Germany, the company focuses on diagnostic and therapeutic imaging, in vitro diagnostics and advanced digital health solutions. As a spin-off from Siemens AG, Siemens Healthineers has leveraged decades of engineering expertise to establish a comprehensive portfolio that addresses critical needs in modern healthcare.
The company’s core offerings include magnetic resonance imaging (MRI), computed tomography (CT), X-ray and molecular imaging systems, as well as laboratory diagnostics equipment and point-of-care testing devices.
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