Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Hits New 1-Year High - Here's What Happened

Shares of Siemens Aktiengesellschaft (OTCMKTS:SIEGY - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $111.35 and last traded at $110.59, with a volume of 409380 shares traded. The stock had previously closed at $109.30.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on SIEGY. Hsbc Global Res raised shares of Siemens Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a research report on Thursday, December 5th. 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 Down 0.9 %

The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.15 and a current ratio of 1.40. The stock has a market capitalization of $188.64 billion, a P/E ratio of 20.94, a price-to-earnings-growth ratio of 3.63 and a beta of 1.28. The firm's fifty day simple moving average is $103.02 and its 200 day simple moving average is $97.77.

Siemens Aktiengesellschaft (OTCMKTS:SIEGY - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The technology company reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.05. The company had revenue of $19.58 billion for the quarter, compared to analyst estimates of $18.70 billion. Siemens Aktiengesellschaft had a net margin of 10.73% and a return on equity of 15.46%. As a group, equities research analysts forecast that Siemens Aktiengesellschaft will post 6.28 EPS for the current fiscal year.

Siemens Aktiengesellschaft Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, February 25th. Shareholders of record on Friday, February 14th will be issued a dividend of $2.6907 per share. This is a positive change from Siemens Aktiengesellschaft's previous dividend of $1.88. The ex-dividend date is Friday, February 14th. Siemens Aktiengesellschaft's payout ratio is presently 30.41%.

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.