Siemens Energy AG shares continued their winning streak on the Frankfurt Stock Exchange, marking a third consecutive day of strong gains. The stock surged by 12.30%, placing it among the top-performing stocks in Germany’s DAX index despite a broader market decline.
As of the latest trading session, Siemens Energy shares were priced at €64.82, up significantly from the previous day’s closing price of €57.72. This jump signals ongoing momentum for the German energy and electrical engineering company, though it remains to be seen whether the upward trend will continue in the coming days.
While the DAX index itself slipped by 0.77%, Siemens Energy stood out by taking the top spot in performance today. Its 12.30% gain was one of the largest among all listed companies in the index.
Trading volume was also notably high, with 5,078,093 shares exchanged—more than double the previous day’s figure of 1,879,647 shares. This heightened activity suggests increased investor interest in the stock amid its recent rally.
Today’s surge pushed the stock to a new 52-week high of €64.82. By contrast, the 52-week low for Siemens Energy shares was €17.24, reflecting a dramatic recovery and significant value growth over the past year.
Based on freely tradable shares, Siemens Energy currently has a market capitalization of €45.61 billion. Within the DAX index, its free-float market cap gives it a weighting of 2.36%. For comparison, top-weighted companies in the DAX include SAP, Deutsche Bank, and Siemens AG.
In its fiscal year ending in September 2022, Siemens Energy reported a revenue of €77.80 billion and a net profit of €1.59 billion, underscoring the company’s financial strength during a volatile economic period.
As investor optimism grows and trading volumes remain elevated, all eyes are on Siemens Energy to see whether its upward trajectory can be sustained in the coming weeks.