Siemens Energy (OTCMKTS:SMNEY) Announces Earnings Results

Siemens Energy (OTCMKTS:SMNEY - Get Free Report) issued its quarterly earnings results on Wednesday. The company reported $0.24 EPS for the quarter, Zacks reports.

Siemens Energy Price Performance

Shares of OTCMKTS SMNEY traded down $0.38 during trading hours on Friday, reaching $64.54. The stock had a trading volume of 77,815 shares, compared to its average volume of 373,727. The business's fifty day moving average is $55.26 and its two-hundred day moving average is $43.54. The company has a market cap of $51.59 billion and a price-to-earnings ratio of -307.33. Siemens Energy has a twelve month low of $14.09 and a twelve month high of $65.35.

Analyst Upgrades and Downgrades

Separately, UBS Group lowered Siemens Energy from a "hold" rating to a "strong sell" rating in a report on Monday, January 20th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold".

Siemens Energy Company Profile

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.