Siemens Energy (LON:0SEA) Trading 2.5% Higher – Here’s Why

Shares of Siemens Energy AG (LON:0SEAGet Free Report) rose 2.5% on Friday . The company traded as high as GBX 47.28 ($0.60) and last traded at GBX 47.10 ($0.59). Approximately 1,027,110 shares traded hands during mid-day trading, a decline of 24% from the average daily volume of 1,356,118 shares. The stock had previously closed at GBX 45.97 ($0.58).

Siemens Energy Stock Up 2.5 %

The company has a debt-to-equity ratio of 38.20, a quick ratio of 0.60 and a current ratio of 0.90. The firm has a 50-day moving average price of GBX 34.59 and a two-hundred day moving average price of GBX 25.17.

About Siemens Energy

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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.

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