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

Shares of Siemens Aktiengesellschaft (OTCMKTS:SIEGY) reached a new 52-week high on Friday . The stock traded as high as $103.57 and last traded at $103.15, with a volume of 88975 shares trading hands. The stock had previously closed at $100.51.

Analyst Upgrades and Downgrades

SIEGY has been the topic of several research reports. Hsbc Global Res upgraded shares of Siemens Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a research note on Thursday, December 5th. Bank of America lowered Siemens Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research report on Tuesday, November 19th. Finally, Citigroup upgraded Siemens Aktiengesellschaft to a “strong-buy” rating in a research note on Wednesday, October 2nd.

Siemens Aktiengesellschaft Price Performance

The company has a quick ratio of 1.15, a current ratio of 1.40 and a debt-to-equity ratio of 0.73. The stock has a market capitalization of $165.04 billion, a price-to-earnings ratio of 17.92, a P/E/G ratio of 2.42 and a beta of 1.28. The business has a 50-day simple moving average of $98.44 and a two-hundred day simple moving average of $95.95.

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.