Siemens Energy (LON:0SEA) Shares Down 16.5% – Here’s Why

Shares of Siemens Energy AG (LON:0SEAGet Free Report) were down 16.5% during mid-day trading on Monday . The company traded as low as GBX 48.44 ($0.60) and last traded at GBX 49.86 ($0.62). Approximately 1,832,560 shares changed hands during trading, an increase of 102% from the average daily volume of 905,716 shares. The stock had previously closed at GBX 59.75 ($0.74).

Siemens Energy Stock Up 3.1 %

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 firm has a fifty day moving average price of GBX 50.50 and a 200 day moving average price of GBX 34.36.

Siemens Energy Company Profile

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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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