Siemens Energy AG (OTCMKTS:SMNEY) Given Average Rating of “Hold” by Analysts

Shares of Siemens Energy AG (OTCMKTS:SMNEY) have earned an average recommendation of “Hold” from the five research firms that are covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a strong buy rating to the company.

A number of research firms have recently issued reports on SMNEY. Morgan Stanley restated an “overweight” rating on shares of Siemens Energy in a research report on Monday, February 3rd. UBS Group lowered Siemens Energy from a “hold” rating to a “strong sell” rating in a research report on Monday, January 20th.

Siemens Energy Stock Down 4.8 %

Shares of SMNEY traded down $3.00 during mid-day trading on Friday, reaching $60.01. The company had a trading volume of 95,614 shares, compared to its average volume of 341,118. The stock has a market capitalization of $47.97 billion and a P/E ratio of -285.76. Siemens Energy has a 52-week low of $14.72 and a 52-week high of $66.95. The stock has a 50 day moving average of $56.37 and a two-hundred day moving average of $44.80.

Siemens Energy (OTCMKTS:SMNEY) last announced its earnings results on Wednesday, February 12th. The company reported $0.24 EPS for the quarter. On average, sell-side analysts expect that Siemens Energy will post 0.24 earnings per share for the current year.

Siemens Energy Company Profile

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.