Siemens Aktiengesellschaft (OTCMKTS:SMAWF) Stock Crosses Above 50-Day Moving Average – Here’s What Happened

Shares of Siemens Aktiengesellschaft (OTCMKTS:SMAWF) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $276.21 and traded as high as $290.00. Siemens Aktiengesellschaft shares last traded at $280.1950, with a volume of 301 shares traded.

Siemens Aktiengesellschaft Stock Performance

The stock has a 50-day moving average price of $276.21 and a 200 day moving average price of $261.01.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Generali Investments CEE investicni spolecnost a.s. lifted its position in shares of Siemens Aktiengesellschaft by 5.6% during the 2nd quarter. Generali Investments CEE investicni spolecnost a.s. now owns 44,611 shares of the company’s stock valued at $11,474,000 after buying an additional 2,368 shares in the last quarter. Boston Common Asset Management LLC purchased a new stake in Siemens Aktiengesellschaft in the 2nd quarter worth $34,898,000. Finally, GAMMA Investing LLC raised its position in Siemens Aktiengesellschaft by 51.8% during the third quarter. GAMMA Investing LLC now owns 545 shares of the company’s stock worth $146,000 after acquiring an additional 186 shares during the period. 23.99% of the stock is owned by institutional investors and hedge funds.

Siemens Aktiengesellschaft Company Profile

Siemens Aktiengesellschaft, a technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia. It operates through Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services (SFS) segments.