Siemens Aktiengesellschaft (ETR:SIE) Trading Down 2.4% – Here’s Why

Siemens Aktiengesellschaft (ETR:SIE)’s stock price traded down 2.4% on Wednesday . The company traded as low as €269.30 and last traded at €272.25. Approximately 1,113,608 shares changed hands during mid-day trading, The stock had previously closed at €279.00.

Siemens Aktiengesellschaft Stock Down 2.4%

The company has a quick ratio of 0.85, a current ratio of 1.39 and a debt-to-equity ratio of 84.12. The company has a market capitalization of $226.08 billion, a price-to-earnings ratio of 27.29, a P/E/G ratio of 2.12 and a beta of 1.29. The business’s 50-day moving average is €261.46 and its 200-day moving average is €245.72.

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.