Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY) have been assigned an average rating of “Moderate Buy” from the twelve brokerages that are presently covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation, seven have assigned a buy recommendation and two have given a strong buy recommendation to the company.

Separately, Morgan Stanley reaffirmed an “overweight” rating on shares of Siemens Energy in a report on Monday, April 27th.

Siemens Energy Trading Down 29.1%

Shares of Siemens Energy stock opened at $124.60 on Thursday. The company has a quick ratio of 0.63, a current ratio of 0.90 and a debt-to-equity ratio of 0.23. The firm has a market cap of $106.58 billion, a price-to-earnings ratio of 51.07 and a beta of 1.97. The business has a fifty day simple moving average of $139.91 and a 200-day simple moving average of $153.97. Siemens Energy has a fifty-two week low of $74.90 and a fifty-two week high of $176.73.

About Siemens Energy

Siemens Energy AG is a global energy technology company headquartered in Germany that provides equipment, systems and services across the power generation and transmission value chains. Established as an independent public company through a spin-off of Siemens AG’s energy businesses in 2020, Siemens Energy draws on a long industrial heritage to design, manufacture and service technologies used by utilities, industrial customers and the oil and gas sector.

The company’s product and service portfolio includes gas and steam turbines, generators, transformers and high-voltage transmission equipment as well as grid connection and power-conversion systems.