Siemens Energy (LON:0SEA) Trading 3.3% Higher – Time to Buy?

by · The Cerbat Gem

Siemens Energy AG (LON:0SEAGet Free Report)’s share price was up 3.3% during mid-day trading on Tuesday . The stock traded as high as GBX 117.15 and last traded at GBX 116.25. Approximately 1,058,326 shares changed hands during mid-day trading, an increase of 8% from the average daily volume of 980,227 shares. The stock had previously closed at GBX 112.50.

Siemens Energy Stock Performance

The firm’s 50 day moving average price is GBX 105.95 and its 200-day moving average price is GBX 96.21. The company has a quick ratio of 0.60, a current ratio of 0.90 and a debt-to-equity ratio of 38.20.

About Siemens Energy

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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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