Siemens Energy (OTCMKTS:SMNEY) Hits New 12-Month High at $29.50

Siemens Energy AG (OTCMKTS:SMNEY)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $29.50 and last traded at $29.49, with a volume of 23052 shares traded. The stock had previously closed at $28.82.

Analysts Set New Price Targets

Separately, Berenberg Bank raised Siemens Energy to a “strong-buy” rating in a research report on Tuesday, June 25th.

Siemens Energy Trading Up 0.1 %

The firm has a 50-day moving average of $26.47 and a two-hundred day moving average of $19.64.

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.