Siemens Aktiengesellschaft (OTCMKTS:SMAWF) Stock Price Passes Below Fifty Day Moving Average – What’s Next?

Siemens Aktiengesellschaft (OTCMKTS:SMAWFGet Free Report)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $274.77 and traded as low as $273.90. Siemens Aktiengesellschaft shares last traded at $280.2450, with a volume of 307 shares changing hands.

Siemens Aktiengesellschaft Trading Down 2.7%

The business has a fifty day moving average price of $274.77 and a 200 day moving average price of $268.55.

Institutional Trading of Siemens Aktiengesellschaft

Hedge funds have recently bought and sold shares of the stock. Boston Common Asset Management LLC increased its holdings in shares of Siemens Aktiengesellschaft by 12.4% during the 3rd quarter. Boston Common Asset Management LLC now owns 153,558 shares of the company’s stock worth $41,355,000 after purchasing an additional 16,965 shares during the period. Generali Investments CEE investicni spolecnost a.s. lifted its stake in shares of Siemens Aktiengesellschaft by 0.4% in the third quarter. Generali Investments CEE investicni spolecnost a.s. now owns 44,788 shares of the company’s stock valued at $12,060,000 after buying an additional 177 shares during the period. Finally, GAMMA Investing LLC grew its position in Siemens Aktiengesellschaft by 51.8% during the third quarter. GAMMA Investing LLC now owns 545 shares of the company’s stock worth $146,000 after buying an additional 186 shares in the last quarter. 23.99% of the stock is owned by institutional investors.

About Siemens Aktiengesellschaft

(Get Free Report)

Siemens Aktiengesellschaft is a German multinational conglomerate headquartered in Munich, renowned for its role as a global leader in electrification, automation and digitalization. Founded in 1847 by Werner von Siemens, the company has grown into one of the world’s largest industrial manufacturing enterprises. Siemens operates across numerous geographies, serving customers in Europe, the Americas, Asia-Pacific, the Middle East and Africa, with a broad network of production facilities, research centers and sales offices.

The company is organized into key divisions that address critical infrastructure and industry needs.

Recommended Stories

Receive News & Ratings for Siemens Aktiengesellschaft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Siemens Aktiengesellschaft and related companies with MarketBeat.com's FREE daily email newsletter.