Siemens Energy (LON:0SEA) Shares Up 2.9% – Here’s Why

Siemens Energy AG (LON:0SEA) shares rose 2.9% during mid-day trading on Tuesday . The company traded as high as GBX 63.84 ($0.85) and last traded at GBX 63.78 ($0.85). Approximately 2,901,138 shares changed hands during mid-day trading, an increase of 122% from the average daily volume of 1,306,008 shares. The stock had previously closed at GBX 62 ($0.82).

Siemens Energy Price 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’s fifty day moving average price is GBX 56.82 and its 200-day moving average price is GBX 45.12.

Siemens Energy Company Profile

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.