Shares of Siemens Energy AG (OTCMKTS:SMNEY - Get Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as $74.44 and last traded at $70.96, with a volume of 233324 shares trading hands. The stock had previously closed at $72.86.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on the company. UBS Group cut Siemens Energy from a "hold" rating to a "strong sell" rating in a research note on Monday, January 20th. Morgan Stanley reaffirmed an "overweight" rating on shares of Siemens Energy in a research report on Thursday, March 27th. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Siemens Energy in a research note on Thursday, March 27th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy".
Check Out Our Latest Stock Report on Siemens Energy
Siemens Energy Stock Down 2.6 %
The firm has a market capitalization of $56.72 billion and a price-to-earnings ratio of -337.90. The stock's fifty day moving average is $61.98 and its two-hundred day moving average is $54.19.
Siemens Energy (OTCMKTS:SMNEY - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $0.24 EPS for the quarter. As a group, analysts anticipate that Siemens Energy AG will post 0.24 EPS for the current year.
About Siemens Energy
(
Get Free Report)
Siemens Energy AG operates as an energy technology company worldwide. It operates through Gas Services, Grid Technologies, Transformation of Industry, and Siemens Gamesa segments. The company provides gas and steam turbines, generators, and heat pumps, as well as performance enhancement, maintenance, customer training, and professional consulting services for central and distributed power generation; and high voltage direct current transmission systems, offshore windfarm grid connections, transformers, flexible alternating current transmission systems, high voltage substations, air and gas-insulated switchgears, digital grid solutions and components, and storage solutions.
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