Siemens Energy (OTCMKTS:SMNEY) Releases Earnings Results

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

Siemens Energy Price Performance

Shares of SMNEY opened at $59.39 on Wednesday. Siemens Energy has a one year low of $14.09 and a one year high of $63.46. The stock has a market cap of $47.47 billion and a price-to-earnings ratio of 40.40. The company has a 50-day moving average of $54.62 and a two-hundred day moving average of $42.77.

Analyst Ratings Changes

Separately, UBS Group cut shares of Siemens Energy from a “hold” rating to a “strong sell” rating in a report on Monday, January 20th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Siemens Energy 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.