Siemens AG (#SIE) Stock Price, Live Chart & Analysis | Trade #SIE
Siemens AG is a German technology corporation headquartered in Munich, Germany. It is focused on industry, transport, infrastructure and healthcare and is one of the largest industrial manufacturing companies in Europe.
Modern trends in power generation have been those of using renewable energy resources in which Siemens has been one of the leading inventors and manufacturers. Some countries are already transitioning to systems that heavily rely on renewable energy (for example, the Energiewende strategy in Germany). Siemens and its products and services will be instrumental in this transformation. That is a bullish factor for the SIE stock price.
Traders and investors should also research the company's financial reports and compare the prospects for Siemens and its main competitors in the industry, which include Philips, Hitachi, General Electric, Mitsubishi Electric and others. Siemens and its competitors often rely on government contracts. In times of financial turmoils, there will be fewer such contracts and, therefore, less revenue, which would affect the SIE rate in a negative way.
Throughout its history, Siemens has been involved in several controversies, including the worldwide bribery scandal. Such scandals in future could negatively affect the SIE price. Traders and investors should also follow the news for Siemens acquisitions and the development of new technologies, which would have a positive impact on the SIE stock rate.
Risk warning: Trading in FX and CFDs entails high risk of losing capital.
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SellBuyActive SellActive Buy
| Sell | 170.68 |
| Buy | 170.72 |
| 1-day change | 3.64(2.18%) |
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#SIE (#SIE) shares’ cost is $170.72 for today. The highest rate of shares #SIE (#SIE) for today is $171.0200, the lowest price is $169.7800. The opening price was $170.14.
A real-time chart for #SIE (#SIE) shares quote is provided below.
Price chart of #SIE in real time mode
Available in trading accounts:
- ECN
- CLASSIC
Prev. Close169.92
Day's Range169.7800 - 171.0200
Opening170.14
52 wk Range119.48-188.88
Volume1,180,244
Shares Outstanding780,271,773
Average Volume1,052,280
Market Cap132.58B
1-Year Return23.58%
EPS10.28
Beta1.26
Revenue78.62B
P/E Ratio16.62
Dividends4.70(2.77%)
Next Earnings Date2024-11-14
Spread0
Swap Long-6
Contract size1
Swap Short2.5
Stop&Limit Level0
Interesting facts about the #SIE (Siemens AG)
Siemens was founded back in 1847 by Werner von Siemens and was originally called Telegraphen-Bauanstalt Siemens & Halske, engaged in electric telegraphy. However, in 1966, a merger with two other companies: Siemens–Schuckertwerke and Siemens-Reiniger-Werke led to a change of name to Siemens AG, which exists to this day. It was this step that made it possible not only to expand the scope of the company's activities, but also to enter new markets.
Siemens shares have been listed on the stock exchange since March 8, 1899. Thanks to the Vision 2020 strategy led by Joe Kaeser, the value of the investment in Siemens AG more than doubled between July 2013 and January 25, 2021. Today, Siemens shares are traded on the following trading platforms - the Frankfurt Stock Exchange and Xetra. Securities of this company are bought and sold under the ticker SIE.
Siemens shares have been in an uptrend since 2009, still maintaining upside potential. The maximum stock price was recorded in January 2022 - $157.96. However, at the height of the coronavirus crisis in March 2020, the share price plunged to $60.
The value of Siemens shares is influenced not only by global economic factors, but also by the state of affairs within the corporation, as well as changes in the industries where the company itself operates. For instance, in 2018, the company unveiled its new Vision 2020+ strategy, where it claimed to reduce the number of industrial businesses from five to three, providing them with more autonomy. As a result, the corporation’s shares dropped by 4.8% to the lowest levels of the DAX index. This happened because analysts weren’t sure whether the measures were strong enough to boost the company’s profitability by 2 percentage points.
Siemens shares are included in such stock market indices as DAX 30, S&P Global 100, Dow Jones EuroStoxx 50, Dow Jones Stoxx 50, Dow Jones Sustainability Index, and Global Titan.
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