Siemens Aktiengesellschaft (ETR:SIE) Shares Up 3% - Time to Buy?

Key Points

• Shares jumped 3% intraday, trading as high as €271.80 and last at €268.30 on volume of 1,552,270 shares versus a previous close of €260.50.
• Siemens has a market capitalization of $222.8 billion, a PE ratio of 26.9 and PEG of 2.12, and the stock sits above its 50- and 200-day SMAs (€229.34 and €237.77), indicating recent strength.
• The company focuses on automation and digitalization across segments including Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers and offers the Mendix low-code platform.

Siemens Aktiengesellschaft (ETR:SIE - )'s stock price shot up 3% during mid-day trading on Thursday . The company traded as high as €271.80 and last traded at €268.30. 1,552,270 shares were traded during mid-day trading, The stock had previously closed at €260.50.

Siemens Aktiengesellschaft Stock Performance

The company has a market capitalization of $222.80 billion, a PE ratio of 26.90, a price-to-earnings-growth ratio of 2.12 and a beta of 1.19. The company has a debt-to-equity ratio of 86.23, a quick ratio of 0.85 and a current ratio of 1.38. The stock's fifty day simple moving average is €229.34 and its 200-day simple moving average is €237.77.

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. The Digital Industries segment provides automation systems and software for factories, numerical control systems, servo motors, drives and inverters, and integrated automation systems for machine tools and production machines; process control systems, machine-to-machine communication products, sensors and radio frequency identification systems; software for production and product lifecycle management, and simulation and testing of mechatronic systems; and the Mendix cloud-native low-code application development platform.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.