Semiconductor Manufacturing International Corporation (NYSE:SMI) has earned a consensus recommendation of “Sell” from the sixteen ratings firms that are currently covering the company, MarketBeat.com reports. Ten investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and one has issued a buy recommendation on the company.

SMI has been the subject of several research reports. Zacks Investment Research upgraded shares of Semiconductor Manufacturing International from a “sell” rating to a “hold” rating in a research report on Wednesday, October 11th. ValuEngine lowered shares of Semiconductor Manufacturing International from a “buy” rating to a “hold” rating in a research report on Saturday, August 12th. Daiwa Capital Markets lowered shares of Semiconductor Manufacturing International from a “buy” rating to a “hold” rating in a research report on Wednesday, November 15th. Jefferies Group lowered shares of Semiconductor Manufacturing International from a “buy” rating to a “hold” rating in a research report on Thursday, November 16th. Finally, Citigroup lowered shares of Semiconductor Manufacturing International from a “buy” rating to a “neutral” rating in a research report on Thursday, August 10th.

Several institutional investors and hedge funds have recently made changes to their positions in SMI. FNY Partners Fund LP acquired a new position in shares of Semiconductor Manufacturing International in the second quarter worth about $114,000. Northern Trust Corp boosted its holdings in shares of Semiconductor Manufacturing International by 4.2% in the second quarter. Northern Trust Corp now owns 46,976 shares of the semiconductor company’s stock worth $267,000 after buying an additional 1,908 shares during the period. Bank of America Corp DE boosted its holdings in shares of Semiconductor Manufacturing International by 8.0% in the first quarter. Bank of America Corp DE now owns 46,484 shares of the semiconductor company’s stock worth $292,000 after buying an additional 3,437 shares during the period. UBS Group AG boosted its holdings in shares of Semiconductor Manufacturing International by 172.5% in the first quarter. UBS Group AG now owns 64,161 shares of the semiconductor company’s stock worth $403,000 after buying an additional 40,616 shares during the period. Finally, Citigroup Inc. acquired a new position in shares of Semiconductor Manufacturing International in the second quarter worth about $745,000. Institutional investors own 0.67% of the company’s stock.

Semiconductor Manufacturing International (NYSE:SMI) traded up $0.14 during trading hours on Monday, hitting $7.10. 422,617 shares of the stock traded hands, compared to its average volume of 738,050. Semiconductor Manufacturing International has a one year low of $4.49 and a one year high of $9.14. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.52 and a current ratio of 1.87. The company has a market cap of $6,475.06, a price-to-earnings ratio of 27.84, a price-to-earnings-growth ratio of 3.66 and a beta of 0.39.

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About Semiconductor Manufacturing International

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.

Analyst Recommendations for Semiconductor  Manufacturing International (NYSE:SMI)

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