Siemens Rises On Unusually High Volume (SI)

NEW YORK ( TheStreet) -- Siemens (NYSE: SI) is trading at unusually high volume Monday with 777,546 shares changing hands. It is currently at 2.1 times its average daily volume and trading up $3.51 (+3.5%) at $103.74 as of 3:56 p.m. ET.

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Siemens has a market cap of $85.57 billion and is part of the industrial goods sector and industrial industry. Shares are down 8.4% year to date as of the close of trading on Friday.

Siemens Aktiengesellschaft, an electronics and electrical engineering company, operates in the energy, healthcare, industry, and infrastructure and cities sectors worldwide.

TheStreet Ratings rates Siemens as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full Siemens Ratings Report.

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