Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Stock Passes Below 50-Day Moving Average – Here’s What Happened

Siemens Aktiengesellschaft (OTCMKTS:SIEGYGet Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 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

SIEGY has been the subject of a number of recent research reports. Hsbc Global Res upgraded 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 research report on Wednesday, October 2nd. Finally, Bank of America downgraded shares of Siemens Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research note on Tuesday, November 19th.

Get Our Latest Research Report on Siemens Aktiengesellschaft

Siemens Aktiengesellschaft Stock Up 0.8 %

The company has a current ratio of 1.40, a quick ratio of 1.13 and a debt-to-equity ratio of 0.73. The firm has a market cap of $159.55 billion, a price-to-earnings ratio of 17.71, a price-to-earnings-growth ratio of 2.31 and a beta of 1.28. The stock has a 50-day moving average of $98.26 and a 200-day moving average of $95.14.

About Siemens Aktiengesellschaft

(Get Free Report)

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.

See Also

Receive News & Ratings for Siemens Aktiengesellschaft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Siemens Aktiengesellschaft and related companies with MarketBeat.com's FREE daily email newsletter.