Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Sets New 52-Week High – Here’s What Happened

Siemens Aktiengesellschaft (OTCMKTS:SIEGY)’s share price hit a new 52-week high on Monday . The company traded as high as $119.25 and last traded at $117.31, with a volume of 175205 shares traded. The stock had previously closed at $113.86.

Wall Street Analyst Weigh In

SIEGY has been the subject of several research analyst reports. Hsbc Global Res raised Siemens Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a research report on Thursday, December 5th. Bank of America cut Siemens Aktiengesellschaft from a “buy” rating to a “neutral” rating in a report on Tuesday, November 19th.

Siemens Aktiengesellschaft Stock Up 3.0 %

The stock has a market cap of $187.70 billion, a price-to-earnings ratio of 18.02, a price-to-earnings-growth ratio of 3.27 and a beta of 1.28. The firm’s fifty day moving average price is $106.37 and its two-hundred day moving average price is $100.11. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.40 and a quick ratio of 1.15.

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) last announced its quarterly earnings results on Thursday, February 13th. The technology company reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.05. Siemens Aktiengesellschaft had a return on equity of 13.82% and a net margin of 12.41%. The business had revenue of $19.58 billion for the quarter, compared to analyst estimates of $18.70 billion. Sell-side analysts forecast that Siemens Aktiengesellschaft will post 6.59 earnings per share for the current fiscal year.

Siemens Aktiengesellschaft Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, February 25th. Shareholders of record on Friday, February 14th were paid a $2.6907 dividend. This is a positive change from Siemens Aktiengesellschaft’s previous dividend of $1.88. The ex-dividend date of this dividend was Friday, February 14th. Siemens Aktiengesellschaft’s dividend payout ratio (DPR) is 30.72%.

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.