Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Reaches New 52-Week High – Still a Buy?

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $103.57 and last traded at $103.15, with a volume of 88975 shares. The stock had previously closed at $100.51.

Analyst Ratings Changes

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

Siemens Aktiengesellschaft Price Performance

The company has a quick ratio of 1.15, a current ratio of 1.40 and a debt-to-equity ratio of 0.73. The company has a market cap of $165.04 billion, a price-to-earnings ratio of 18.32, a P/E/G ratio of 2.42 and a beta of 1.28. The company has a 50 day moving average price of $98.35 and a 200-day moving average price of $95.89.

About Siemens Aktiengesellschaft

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.