Siemens Energy (OTCMKTS:SMNEY) Shares Gap Up – What’s Next?

Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $134.56, but opened at $142.10. Siemens Energy shares last traded at $140.94, with a volume of 9,403 shares changing hands.

Analyst Upgrades and Downgrades

A number of research firms recently commented on SMNEY. Citigroup restated a “neutral” rating on shares of Siemens Energy in a report on Thursday, October 2nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Siemens Energy in a report on Friday, November 14th. Hsbc Global Res raised shares of Siemens Energy to a “strong-buy” rating in a research report on Friday, September 5th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Siemens Energy in a research report on Friday, November 21st. Finally, Berenberg Bank raised Siemens Energy to a “strong-buy” rating in a report on Thursday, October 2nd. Three analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Siemens Energy Stock Up 4.1%

The company has a debt-to-equity ratio of 0.23, a current ratio of 0.90 and a quick ratio of 0.63. The firm has a market capitalization of $112.01 billion, a P/E ratio of 79.17 and a beta of 1.94. The business has a 50 day moving average price of $127.29 and a 200 day moving average price of $115.83.

About Siemens Energy

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.