Siemens Energy (LON:0SEA) Trading Down 16.5% – Here’s What Happened

Siemens Energy AG (LON:0SEA)’s share price was 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 Trading Up 3.1 %

The stock’s 50 day simple moving average is GBX 50.50 and its 200-day simple moving average is GBX 34.36. The company has a debt-to-equity ratio of 38.20, a quick ratio of 0.60 and a current ratio of 0.90.

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.