Siemens Aktiengesellschaft (ETR:SIE) Trading 1.2% Higher – Here’s Why

Siemens Aktiengesellschaft (ETR:SIE)’s share price rose 1.2% on Thursday . The stock traded as high as €215.85 and last traded at €211.80. Approximately 1,314,466 shares changed hands during mid-day trading, The stock had previously closed at €209.20.

Siemens Aktiengesellschaft Trading Down 2.3%

The company has a debt-to-equity ratio of 86.23, a quick ratio of 0.85 and a current ratio of 1.38. The business has a fifty day simple moving average of €239.04 and a 200 day simple moving average of €237.77. The company has a market cap of $170.15 billion, a P/E ratio of 20.54, a P/E/G ratio of 2.12 and a beta of 1.14.

About Siemens Aktiengesellschaft

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. The Digital Industries segment provides automation systems and software for factories, numerical control systems, servo motors, drives and inverters, and integrated automation systems for machine tools and production machines; process control systems, machine-to-machine communication products, sensors and radio frequency identification systems; software for production and product lifecycle management, and simulation and testing of mechatronic systems; and the Mendix cloud-native low-code application development platform.