Siemens Energy (OTCMKTS:SMNEY) Hits New 12-Month High - What's Next?

Shares of Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $106.72 and last traded at $106.18, with a volume of 27108 shares changing hands. The stock had previously closed at $101.74.

Wall Street Analysts Forecast Growth

SMNEY has been the subject of several research analyst reports. Morgan Stanley reaffirmed an "overweight" rating on shares of Siemens Energy in a research report on Tuesday, May 27th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Siemens Energy in a research report on Thursday, March 27th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Siemens Energy has an average rating of "Moderate Buy".

Siemens Energy Stock Performance

The company has a debt-to-equity ratio of 0.28, a current ratio of 0.93 and a quick ratio of 0.63. The company has a 50 day simple moving average of $88.41 and a 200-day simple moving average of $68.54. The stock has a market capitalization of $84.93 billion and a P/E ratio of 483.02.

Siemens Energy (OTCMKTS:SMNEY - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported $0.52 EPS for the quarter. The business had revenue of $10.48 billion for the quarter. Siemens Energy had a net margin of 0.48% and a return on equity of 1.81%. On average, equities analysts forecast that Siemens Energy AG Unsponsored ADR will post 0.24 EPS 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.

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