Siemens Aktiengesellschaft (OTCMKTS:SMAWF) Shares Pass 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 Friday . The stock has a 50-day moving average of $220.63 and traded as high as $255.58. Siemens Aktiengesellschaft shares last traded at $253.18, with a volume of 652 shares changing hands.

Siemens Aktiengesellschaft Trading Up 5.2 %

The firm has a 50-day moving average of $220.63 and a two-hundred day moving average of $203.06.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Siemens Aktiengesellschaft stock. GAMMA Investing LLC boosted its position in Siemens Aktiengesellschaft (OTCMKTS:SMAWF) by 303.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 359 shares of the company’s stock after purchasing an additional 270 shares during the quarter. GAMMA Investing LLC’s holdings in Siemens Aktiengesellschaft were worth $69,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 23.99% of the company’s stock.

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.