Siemens Energy (OTCMKTS:SMNEY) Shares Gap Down - Should You Sell?

Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $115.86, but opened at $111.64. Siemens Energy shares last traded at $112.19, with a volume of 17,081 shares traded.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on SMNEY shares. Morgan Stanley reaffirmed an "overweight" rating on shares of Siemens Energy in a research note on Tuesday, May 27th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Siemens Energy in a report on Thursday, March 27th. Two research analysts have rated the stock with a sell rating, one has given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold".

Siemens Energy Stock Down 1.2%

The firm has a market cap of $86.47 billion and a PE ratio of 491.75. The company has a 50-day simple moving average of $93.10 and a 200-day simple moving average of $70.82. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.93 and a quick ratio of 0.63.

Siemens Energy (OTCMKTS:SMNEY - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.52 earnings per share for the quarter. Siemens Energy had a net margin of 0.48% and a return on equity of 1.81%. The firm had revenue of $10.48 billion during the quarter. Analysts expect that Siemens Energy AG Unsponsored ADR will post 0.24 earnings per share for the current fiscal year.

Siemens Energy Company Profile

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.