Siemens Energy (LON:0SEA) Trading 10% Higher – Here’s What Happened

Siemens Energy AG (LON:0SEA)’s share price rose 10% during mid-day trading on Wednesday . The company traded as high as GBX 56.10 ($0.69) and last traded at GBX 55.96 ($0.69). Approximately 110,867 shares changed hands during trading, a decline of 81% from the average daily volume of 576,884 shares. The stock had previously closed at GBX 50.88 ($0.63).

Siemens Energy Price Performance

The company’s 50-day simple moving average is GBX 49.67 and its 200 day simple moving average is GBX 33.77. The company has a debt-to-equity ratio of 38.20, a quick ratio of 0.60 and a current ratio of 0.90.

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.