Siemens Energy (OTCMKTS:SMNEY) Shares Gap Down - Here's Why

Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY - Get Free Report)'s stock price 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 trading hands.

Analyst Ratings Changes

SMNEY has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Siemens Energy in a research note on Thursday, March 27th. Morgan Stanley reiterated an "overweight" rating on shares of Siemens Energy in a report on Tuesday, May 27th. Two analysts have rated the stock with a sell rating, one has given a hold rating, two have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold".

Siemens Energy Stock Up 0.4%

The company has a current ratio of 0.93, a quick ratio of 0.63 and a debt-to-equity ratio of 0.28. The company's fifty day simple moving average is $94.43 and its 200 day simple moving average is $71.46. The firm has a market capitalization of $86.78 billion and a P/E ratio of 493.52.

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