Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Stock Price Crosses Below Fifty Day Moving Average - Here's Why

Siemens Aktiengesellschaft (OTCMKTS:SIEGY - Get Free Report)'s share price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $115.59 and traded as low as $105.67. Siemens Aktiengesellschaft shares last traded at $106.44, with a volume of 192,072 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada lowered Siemens Aktiengesellschaft from a "moderate buy" rating to a "hold" rating in a report on Wednesday, March 19th.

Siemens Aktiengesellschaft Stock Performance

The stock has a market capitalization of $175.17 billion, a P/E ratio of 16.82, a PEG ratio of 3.27 and a beta of 1.17. The company has a quick ratio of 1.15, a current ratio of 1.40 and a debt-to-equity ratio of 0.73. The firm has a 50-day moving average of $115.18 and a 200 day moving average of $105.60.

Siemens Aktiengesellschaft (OTCMKTS:SIEGY - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The technology company reported $1.10 EPS for the quarter, topping analysts' consensus estimates of $1.05 by $0.05. The company had revenue of $19.58 billion during the quarter, compared to the consensus estimate of $18.70 billion. Siemens Aktiengesellschaft had a net margin of 12.41% and a return on equity of 13.82%. Research analysts anticipate that Siemens Aktiengesellschaft will post 6.59 EPS for the current fiscal year.

Siemens Aktiengesellschaft Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, February 25th. Investors of record on Friday, February 14th were issued a dividend of $2.6907 per share. This is an increase from Siemens Aktiengesellschaft's previous dividend of $1.88. The ex-dividend date of this dividend was Friday, February 14th. Siemens Aktiengesellschaft's dividend payout ratio (DPR) is currently 30.72%.

Siemens Aktiengesellschaft Company Profile

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.