Siemens Rises On Unusually High Volume (SI)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Siemens (NYSE: SI) is trading at unusually high volume Wednesday with 602,967 shares changing hands. It is currently at 2.2 times its average daily volume and trading up $2.98 (+2.7%) at $112.45 as of 2:56 p.m. ET.

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Siemens has a market cap of $91.38 billion and is part of the industrial goods sector and industrial industry. Shares are unchanged year to date as of the close of trading on Tuesday.

Siemens Aktiengesellschaft, an electronics and electrical engineering company, operates in the energy, healthcare, industry, and infrastructure and cities sectors worldwide. The company has a P/E ratio of 32.1, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Siemens as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Siemens Ratings Report.

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