Trade Siemens AG - SIE CFD

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Headquartered in Munich, Germany, Siemens AG (SIE) is a multinational conglomerate company specialised in electronics and electrical engineering. It offers products and solutions to the energy, transportation and healthcare sectors, with the firm focusing on the fields of electrification, automation and digitisation.

Siemens and its subsidiaries employ more than 385,000 people worldwide, with the company's operations spanning across 200 countries and regions. The firm is one of the world’s biggest producers of energy-efficient technologies and a leading supplier of systems for power generation and transmission as well as medical diagnostics. In fiscal 2019, it generated revenue of €86.8bn ($94bn, £76bn) and net income of €5.6bn.

Siemens stock is listed on the Frankfurt Stock Exchange as well as Xetra under the ticker symbol SIE. The company is a constituent of the DAX 30 Index, S&P Global 100 and Euro Stoxx 50 Index.

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Siemens traces its history back to 1847 when inventor Werner von Siemens established a telegraph construction company in Berlin. The firm grew rapidly, entering new lines of business and expanding into global markets.

Siemens AG was founded in 1966, and in 1989 its organisation was overhauled to make its individual units more autonomous. In 1998, the company launched its 10-Point Programme under which it retained only those activities in which it was first or second in the global market. Consequently, its revenues and profits improved substantially, and the Siemens AG share price skyrocketed to new highs.

Acquisitions have been one of the key growth strategies for Siemens, allowing the business to broaden and diversify its product portfolio, enter new markets and maintain its leading position. Some of the firm’s most recent purchases include: Tass International in 2017; Agilion GmbH, J2 Innovations, Mendix and Austemper Design Systems in 2018; ESTEQ, Process Systems Enterprise and MultiMechanics in 2019; and C&S Electric in 2020.

You can follow the ups and downs of the Siemens share price in euro with our comprehensive chart at Capital.com.

In regard to Siemens stock history, the company’s predecessor Siemens & Halske AG, which had a global workforce of 6,500 at the end of the 19th century, transformed into a stock corporation as early as 1897.

Over the decades of trade, SIE stock has experienced great volatility, characterised by multiple price fluctuations. In early 2000, its share price peaked at €123.09. However, it soon started to lose in value sharply, falling as low as €31.70 by September 2002.

From 2009 to 2017, with the exception of occasional negative fluctuations, Siemens share price was mainly in the uptrend, reaching €132 in April 2017. The company’s shares then ended the year trading at €120.

During the first months of 2020, the stock saw significant share price movement, experiencing a steep decline in March, when it dropped as low as €60.80.

With Capital.com’s SIE stock chart you can not only quickly view the current Siemens share price, but also trace the company’s shares value in historic terms.