Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Stock Passes Below 50-Day Moving Average – What’s Next?

Siemens Aktiengesellschaft (OTCMKTS:SIEGY)’s share price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $116.13 and traded as low as $113.17. Siemens Aktiengesellschaft shares last traded at $115.38, with a volume of 148,528 shares trading hands.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Royal Bank of Canada cut Siemens Aktiengesellschaft from a “moderate buy” rating to a “hold” rating in a report on Wednesday, March 19th. Hsbc Global Res raised shares of Siemens Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a research note on Thursday, December 5th.

Siemens Aktiengesellschaft Stock Performance

The firm’s 50 day moving average price is $116.49 and its two-hundred day moving average price is $104.86. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.15 and a current ratio of 1.40. The firm has a market cap of $187.07 billion, a PE ratio of 17.96, a PEG ratio of 3.27 and a beta of 1.24.

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) last posted its earnings results on Thursday, February 13th. The technology company reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $1.05 by $0.05. The company had revenue of $19.58 billion for the quarter, compared to analysts’ expectations of $18.70 billion. Siemens Aktiengesellschaft had a net margin of 12.41% and a return on equity of 13.82%. On average, research analysts forecast that Siemens Aktiengesellschaft will post 6.59 earnings per share for the current year.

Siemens Aktiengesellschaft Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, February 25th. Stockholders of record on Friday, February 14th were given a dividend of $2.6907 per share. The ex-dividend date of this dividend was Friday, February 14th. This is a boost from Siemens Aktiengesellschaft’s previous dividend of $1.88. Siemens Aktiengesellschaft’s dividend payout ratio is currently 30.72%.

Siemens Aktiengesellschaft Company Profile

Siemens Aktiengesellschaft, a technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia. It operates through Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services (SFS) segments.