Siemens Energy (OTCMKTS:SMNEY) Releases Earnings Results

Siemens Energy (OTCMKTS:SMNEY) issued its quarterly earnings results on Wednesday. The company reported $0.24 earnings per share (EPS) for the quarter, Zacks reports.

Siemens Energy Price Performance

Shares of Siemens Energy stock opened at $59.39 on Wednesday. Siemens Energy has a one year low of $14.09 and a one year high of $63.46. The stock has a market capitalization of $47.47 billion and a P/E ratio of 40.40. The business’s 50 day simple moving average is $54.62 and its two-hundred day simple moving average is $42.77.

Analyst Upgrades and Downgrades

Separately, UBS Group downgraded Siemens Energy from a “hold” rating to a “strong sell” rating in a research report on Monday, January 20th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Siemens Energy presently has an average rating of “Hold”.

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.