Semiconductor Manufacturing International Corporation (NYSE:SMI) is scheduled to be releasing its earnings data before the market opens on Wednesday, November 15th. Analysts expect Semiconductor Manufacturing International Corporation to post earnings of $0.01 per share and revenue of $768.43 million for the quarter.

Shares of Semiconductor Manufacturing International Corporation (NYSE:SMI) traded up $0.32 during trading on Tuesday, reaching $9.06. The company had a trading volume of 662,400 shares, compared to its average volume of 241,589. Semiconductor Manufacturing International Corporation has a 52-week low of $4.49 and a 52-week high of $9.14. The stock has a market capitalization of $8,131.04, a P/E ratio of 25.71, a price-to-earnings-growth ratio of 1.94 and a beta of 0.40. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.35 and a current ratio of 1.65.

An institutional investor recently raised its position in Semiconductor Manufacturing International Corporation stock. Northern Trust Corp boosted its holdings in shares of Semiconductor Manufacturing International Corporation (NYSE:SMI) by 4.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 46,976 shares of the semiconductor company’s stock after acquiring an additional 1,908 shares during the quarter. Northern Trust Corp’s holdings in Semiconductor Manufacturing International Corporation were worth $267,000 at the end of the most recent quarter. 0.68% of the stock is owned by institutional investors.

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A number of brokerages recently commented on SMI. Credit Suisse Group downgraded Semiconductor Manufacturing International Corporation from a “neutral” rating to an “underperform” rating in a research report on Tuesday, November 7th. Mizuho downgraded Semiconductor Manufacturing International Corporation from a “buy” rating to an “underperform” rating in a research report on Monday, October 16th. Zacks Investment Research upgraded Semiconductor Manufacturing International Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, October 11th. BidaskClub downgraded Semiconductor Manufacturing International Corporation from a “sell” rating to a “strong sell” rating in a research report on Thursday, July 27th. Finally, ValuEngine upgraded Semiconductor Manufacturing International Corporation from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, July 25th. Seven research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company. Semiconductor Manufacturing International Corporation has an average rating of “Hold”.

Semiconductor Manufacturing International Corporation Company Profile

Semiconductor Manufacturing International Corporation is an investment holding company principally engaged in the computer-aided design, manufacture, packaging and trading of integrated circuits (IC), as well as the provision of other semiconductor services. The Company is also involved in the design and manufacture of semiconductor masks.

Earnings History for Semiconductor  Manufacturing International Corporation (NYSE:SMI)

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