Siemens Energy (LON:0SEA) Trading Up 7% – Still a Buy?

Shares of Siemens Energy AG (LON:0SEAGet Free Report) shot up 7% during mid-day trading on Tuesday . The stock traded as high as GBX 54.22 ($0.70) and last traded at GBX 53.54 ($0.69). 341,080 shares traded hands during trading, a decline of 73% from the average session volume of 1,267,422 shares. The stock had previously closed at GBX 50.04 ($0.65).

Siemens Energy Stock Performance

The company has a current ratio of 0.90, a quick ratio of 0.60 and a debt-to-equity ratio of 38.20. The stock has a 50-day moving average price of GBX 55 and a 200 day moving average price of GBX 39.97.

About Siemens Energy

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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.

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