Siemens Aktiengesellschaft (OTCMKTS:SMAWF) Shares Cross Above 200 Day Moving Average – What’s Next?

Siemens Aktiengesellschaft (OTCMKTS:SMAWF) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $253.67 and traded as high as $283.00. Siemens Aktiengesellschaft shares last traded at $283.00, with a volume of 421 shares.

Siemens Aktiengesellschaft Stock Down 1.0%

The stock’s fifty day moving average price is $273.24 and its 200 day moving average price is $253.67.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SMAWF. Boston Common Asset Management LLC bought a new position in Siemens Aktiengesellschaft during the 2nd quarter worth about $34,898,000. Generali Investments CEE investicni spolecnost a.s. bought a new position in Siemens Aktiengesellschaft during the 1st quarter worth about $9,717,000. Finally, GAMMA Investing LLC grew its holdings in Siemens Aktiengesellschaft by 51.8% during the 3rd quarter. GAMMA Investing LLC now owns 545 shares of the company’s stock worth $146,000 after acquiring an additional 186 shares in the last quarter. 23.99% of the stock is currently owned by institutional investors.

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.