Siemens Healthineers (OTCMKTS:SMMNY) Releases Earnings Results

Siemens Healthineers (OTCMKTS:SMMNY) posted its quarterly earnings results on Thursday. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.38 by $0.02, Zacks reports.

Siemens Healthineers Trading Down 1.3%

Shares of OTCMKTS:SMMNY traded down $0.34 during trading on Thursday, reaching $24.98. The stock had a trading volume of 51,354 shares, compared to its average volume of 127,643. Siemens Healthineers has a 52 week low of $19.20 and a 52 week high of $27.46. The stock has a fifty day simple moving average of $22.54 and a two-hundred day simple moving average of $21.95.

Analyst Ratings Changes

Several analysts recently issued reports on SMMNY shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Siemens Healthineers in a report on Tuesday, August 18th. Royal Bank Of Canada restated an “outperform” rating on shares of Siemens Healthineers in a research note on Friday, October 16th. Citigroup reaffirmed a “buy” rating on shares of Siemens Healthineers in a research report on Tuesday, October 13th. Finally, Zacks Research downgraded Siemens Healthineers from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 1st. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Siemens Healthineers has an average rating of “Moderate Buy”.

Siemens Healthineers Company Profile

Siemens Healthineers AG is a Germany-based medical technology company that develops products, services and digital solutions for healthcare providers. Its portfolio supports diagnostic, therapeutic and monitoring activities across hospitals, clinics, laboratories and other healthcare settings.

The company’s offerings include magnetic resonance imaging, computed tomography, X-ray, molecular imaging and ultrasound systems, as well as laboratory diagnostics, point-of-care testing and related software.