Siemens Energy (OTCMKTS:SMNEY) Hits New 1-Year High – What’s Next?

Siemens Energy AG (OTCMKTS:SMNEY)’s stock price hit a new 52-week high on Monday . The company traded as high as $67.05 and last traded at $66.91, with a volume of 157017 shares. The stock had previously closed at $64.90.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Morgan Stanley reissued an “overweight” rating on shares of Siemens Energy in a report on Monday, February 3rd. UBS Group cut shares of Siemens Energy from a “hold” rating to a “strong sell” rating in a report on Monday, January 20th. Two research analysts have rated the stock with a sell rating, one has given a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Siemens Energy Stock Down 0.6 %

The firm’s 50-day moving average price is $58.56 and its 200 day moving average price is $48.91. The firm has a market cap of $53.14 billion and a P/E ratio of -316.57.

Siemens Energy (OTCMKTS:SMNEY) last released its quarterly earnings results on Wednesday, February 12th. The company reported $0.24 EPS for the quarter. On average, equities analysts predict that Siemens Energy AG will post 0.24 earnings per share for the current year.

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.