Siemens Aktiengesellschaft (OTCMKTS:SMAWF) Share Price Passes Above Fifty Day Moving Average – Here’s Why

Shares of Siemens Aktiengesellschaft (OTCMKTS:SMAWF) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $213.99 and traded as high as $266.50. Siemens Aktiengesellschaft shares last traded at $261.00, with a volume of 911 shares traded.

Siemens Aktiengesellschaft Stock Performance

The business has a 50 day moving average price of $216.41 and a 200-day moving average price of $201.47.

Hedge Funds Weigh In On Siemens Aktiengesellschaft

An institutional investor recently raised its position in Siemens Aktiengesellschaft stock. GAMMA Investing LLC increased its position in Siemens Aktiengesellschaft (OTCMKTS:SMAWF) by 303.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 359 shares of the company’s stock after acquiring an additional 270 shares during the period. GAMMA Investing LLC’s holdings in Siemens Aktiengesellschaft were worth $69,000 as of its most recent SEC filing. 23.99% of the stock is currently owned by institutional investors.

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.