Siemens Aktiengesellschaft (ETR:SIE) Shares Up 2.2% – Time to Buy?

Siemens Aktiengesellschaft (ETR:SIE) shot up 2.2% during mid-day trading on Wednesday . The company traded as high as €280.20 and last traded at €278.70. 851,024 shares changed hands during mid-day trading, The stock had previously closed at €272.65.

Siemens Aktiengesellschaft Price Performance

The stock’s 50 day simple moving average is €245.99 and its 200-day simple moving average is €241.31. The company has a debt-to-equity ratio of 84.12, a current ratio of 1.39 and a quick ratio of 0.85. The stock has a market capitalization of $225.91 billion, a price-to-earnings ratio of 27.27, a PEG ratio of 2.12 and a beta of 1.27.

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.