Siemens Aktiengesellschaft (OTCMKTS:SMAWF) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

Shares of Siemens Aktiengesellschaft (OTCMKTS:SMAWF) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $213.99 and traded as high as $266.50. Siemens Aktiengesellschaft shares last traded at $261.00, with a volume of 911 shares changing hands.

Siemens Aktiengesellschaft Price Performance

The company’s 50 day simple moving average is $213.99 and its 200 day simple moving average is $200.39.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Siemens Aktiengesellschaft stock. GAMMA Investing LLC boosted its holdings in Siemens Aktiengesellschaft (OTCMKTS:SMAWF) by 303.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 359 shares of the company’s stock after buying an additional 270 shares during the quarter. GAMMA Investing LLC’s holdings in Siemens Aktiengesellschaft were worth $69,000 at the end of the most recent quarter. 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.