Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Reaches New 1-Year High – Here’s Why

Siemens Aktiengesellschaft (OTCMKTS:SIEGY)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $103.19 and last traded at $101.93, with a volume of 104893 shares trading hands. The stock had previously closed at $102.41.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Citigroup raised shares of Siemens Aktiengesellschaft to a “strong-buy” rating in a report on Wednesday, October 2nd. Bank of America lowered shares of Siemens Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research note on Tuesday, November 19th. Finally, Hsbc Global Res upgraded Siemens Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a research note on Thursday, December 5th.

Siemens Aktiengesellschaft Stock Performance

The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.13 and a current ratio of 1.40. The firm’s 50 day moving average is $98.33 and its 200-day moving average is $94.80. The company has a market cap of $164.30 billion, a PE ratio of 18.03, a PEG ratio of 2.36 and a beta of 1.28.

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.