Siemens Gamesa Renewable Energy S.A. Profile
Siemens Gamesa Renewable Energy S.A. (SGRE.xmad) is a Spanish-German wind engineering company based in Biscay, Spain. After the merger of Gamesa and Siemens Wind Power was announced in 2017, Siemens Gamesa became the second-largest wind turbines manufacturer globally, providing onshore and offshore wind services. The European clean energy company operates in 75 countries with a 27.000 workforce. Siemens Gamesa Renewable Energy S.A. (SGRE.xmad) is traded on the Madrid Stock Exchange (BMAD), and its current market cap is €15.92B (EUR). The company’s revenue is €12.43B (EUR) as of the year’s first half. Siemens Gamesa (SGRE.xmad) hit its record high of €37.21 (EUR) per share price in January 2021. The company’s share price fell dramatically since Siemens Gamesa posted quarterly losses due to rising raw material prices.
Siemens Gamesa Renewable Energy S.A. (SGRE.xmad): Trade a Contract for Difference (CFD) on SGRE.xmad and speculate on the share price difference of the underlying asset. CFD is a financial contract that allows you to trade on the underlying asset value (share price) without the need to purchase the actual stock. Investors are trading the difference in the value of security between the opening and closing of the trade. You can either hold a long position (Buy) or a short position (Sell). CFDs are considered short-term investments or trades, as CFDs tend to be used within shorter timeframes.
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