Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Shares Pass Below Fifty Day Moving Average – Here’s Why

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $98.25 and traded as low as $96.51. Siemens Aktiengesellschaft shares last traded at $98.92, with a volume of 53,627 shares changing hands.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Hsbc Global Res raised Siemens Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a research note on Thursday, December 5th. Citigroup raised shares of Siemens Aktiengesellschaft to a “strong-buy” rating in a report on Wednesday, October 2nd. Finally, Bank of America cut shares of Siemens Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research note on Tuesday, November 19th.

Siemens Aktiengesellschaft Trading Up 0.2 %

The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.13 and a current ratio of 1.40. The firm has a market capitalization of $158.27 billion, a P/E ratio of 17.57, a price-to-earnings-growth ratio of 2.31 and a beta of 1.28. The firm has a 50 day moving average price of $98.25 and a two-hundred day moving average price of $95.08.

Siemens Aktiengesellschaft Company Profile

Siemens Aktiengesellschaft, a technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia. It operates through Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services (SFS) segments.