Siemens Gamesa Renewable Energy, S.A. (OTCMKTS:GCTAF – Get Free Report) shares rose 5% during trading on Monday. The stock traded as high as $15.00 and last traded at $14.70. Approximately 5,800 shares traded hands during trading, an increase of 346% from the average session volume of 1,300 shares. The stock had previously closed at $14.00.
Siemens Gamesa Renewable Energy Stock Up 5.0%
The company has a 50 day moving average price of $14.70 and a two-hundred day moving average price of $14.70.
About Siemens Gamesa Renewable Energy
Siemens Gamesa Renewable Energy is a global wind-energy company that develops, manufactures, installs and services wind turbines and related systems. Its portfolio includes onshore and offshore wind turbines, as well as service, maintenance and digital solutions designed to support the operation and performance of wind farms.
The company was formed in 2017 through the merger of Siemens Wind Power and Gamesa Corporación Tecnológica. Siemens Gamesa serves utilities, independent power producers and other energy customers across international markets, with projects and service operations spanning Europe, the Americas, Asia-Pacific and other regions.
Siemens Gamesa operates as part of Siemens Energy, which became its sole owner following the completion of a full takeover in 2023.
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