Siemens Energy (OTCMKTS:SMNEY) Announces Quarterly Earnings Results

Siemens Energy (OTCMKTS:SMNEY) issued its quarterly earnings data on Wednesday. The company reported $0.24 earnings per share (EPS) for the quarter, Zacks reports.

Siemens Energy Stock Up 0.4 %

OTCMKTS:SMNEY opened at $59.39 on Wednesday. Siemens Energy has a 1-year low of $14.09 and a 1-year high of $63.46. The stock has a fifty day simple moving average of $54.62 and a 200 day simple moving average of $42.77. The firm has a market capitalization of $47.47 billion and a price-to-earnings ratio of 40.40.

Analyst Ratings Changes

Separately, UBS Group lowered shares of Siemens Energy from a “hold” rating to a “strong sell” rating in a research note on Monday, January 20th. Two analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently 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.