Siemens Aktiengesellschaft (OTCMKTS:SMAWF) Stock Price Crosses Below Fifty Day Moving Average – Should You Sell?

Shares of Siemens Aktiengesellschaft (OTCMKTS:SMAWF) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $275.25 and traded as low as $260.70. Siemens Aktiengesellschaft shares last traded at $261.71, with a volume of 924 shares.

Siemens Aktiengesellschaft Price Performance

The company has a 50-day simple moving average of $275.25 and a 200-day simple moving average of $265.19.

Institutional Trading of Siemens Aktiengesellschaft

A number of institutional investors have recently added to or reduced their stakes in the stock. Boston Common Asset Management LLC grew its position in Siemens Aktiengesellschaft by 12.4% during the third quarter. Boston Common Asset Management LLC now owns 153,558 shares of the company’s stock worth $41,355,000 after buying an additional 16,965 shares during the period. Generali Investments CEE investicni spolecnost a.s. boosted its stake in shares of Siemens Aktiengesellschaft by 0.4% during the 3rd quarter. Generali Investments CEE investicni spolecnost a.s. now owns 44,788 shares of the company’s stock worth $12,060,000 after acquiring an additional 177 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of Siemens Aktiengesellschaft by 51.8% in the 3rd quarter. GAMMA Investing LLC now owns 545 shares of the company’s stock worth $146,000 after acquiring an additional 186 shares during the period. Hedge funds and other institutional investors own 23.99% of the company’s stock.

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.