Siemens Energy AG (OTCMKTS:SMEGF – Get Free Report) shares rose 2.1% during mid-day trading on Thursday . The stock traded as high as $178.26 and last traded at $174.70. Approximately 1,162 shares traded hands during mid-day trading, a decline of 79% from the average daily volume of 5,430 shares. The stock had previously closed at $171.13.
Siemens Energy Stock Down 2.1%
The company’s 50 day moving average price is $145.88 and its 200 day moving average price is $126.28.
About Siemens Energy
Siemens Energy AG is a global energy technology company headquartered in Munich, Germany. Established in 2020 as a spin-off from Siemens AG’s Energy Management and Power and Gas divisions, the company develops and delivers equipment, solutions and services across the energy value chain. Its portfolio encompasses products for power generation, transmission and storage, serving utilities, independent power producers and industrial customers.
The company’s main business activities include the design and manufacture of gas and steam turbines, generators and compressors for conventional power plants, as well as high-voltage transformers, switchgear and grid stabilization equipment for power transmission networks.
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