Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Stock Passes Below Fifty Day Moving Average - Should You Sell?

Siemens Aktiengesellschaft (OTCMKTS:SIEGY - Get Free Report)'s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $115.70 and traded as low as $97.33. Siemens Aktiengesellschaft shares last traded at $105.73, with a volume of 585,014 shares.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada downgraded shares of Siemens Aktiengesellschaft from a "moderate buy" rating to a "hold" rating in a research report on Wednesday, March 19th.

Siemens Aktiengesellschaft Stock Up 1.5 %

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 company has a market capitalization of $168.98 billion, a PE ratio of 16.22, a price-to-earnings-growth ratio of 3.27 and a beta of 1.17. The firm's 50-day simple moving average is $115.73 and its 200 day simple moving average is $105.37.

Siemens Aktiengesellschaft (OTCMKTS:SIEGY - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The technology company reported $1.10 EPS for the quarter, topping analysts' consensus estimates of $1.05 by $0.05. Siemens Aktiengesellschaft had a net margin of 12.41% and a return on equity of 13.82%. The firm had revenue of $19.58 billion for the quarter, compared to the consensus estimate of $18.70 billion. As a group, equities research analysts forecast that Siemens Aktiengesellschaft will post 6.59 earnings per share for the current year.

Siemens Aktiengesellschaft Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, February 25th. Stockholders of record on Friday, February 14th were given a $2.6907 dividend. The ex-dividend date was Friday, February 14th. This is a boost from Siemens Aktiengesellschaft's previous dividend of $1.88. Siemens Aktiengesellschaft's dividend payout ratio (DPR) is currently 30.72%.

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.