Siemens Energy (LON:0SEA) Shares Up 10% – Still a Buy?

Siemens Energy AG (LON:0SEA)’s stock price traded up 10% during mid-day trading on Wednesday . The stock traded as high as GBX 56.10 ($0.69) and last traded at GBX 55.96 ($0.69). 110,867 shares changed hands during trading, a decline of 81% from the average session volume of 576,884 shares. The stock had previously closed at GBX 50.88 ($0.63).

Siemens Energy Trading Up 2.4 %

The company has a debt-to-equity ratio of 38.20, a quick ratio of 0.60 and a current ratio of 0.90. The business has a 50 day moving average price of GBX 49.67 and a 200 day moving average price of GBX 33.77.

About Siemens Energy

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.