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Schneider Electric S.E. (OTCMKTS:SBGSY) Reaches New 1-Year High - Time to Buy?

Schneider Electric S.E. logo with Industrial Products background

Schneider Electric S.E. (OTCMKTS:SBGSY - Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $56.46 and last traded at $55.90, with a volume of 260102 shares trading hands. The stock had previously closed at $54.90.

Wall Street Analysts Forecast Growth

Several research firms recently commented on SBGSY. Citigroup upgraded shares of Schneider Electric S.E. to a "hold" rating in a research report on Wednesday, October 2nd. Berenberg Bank cut Schneider Electric S.E. from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, November 5th.

Get Our Latest Research Report on SBGSY

Schneider Electric S.E. Stock Performance

The business has a 50-day moving average price of $51.03 and a 200-day moving average price of $50.56. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.91 and a current ratio of 1.21.

Schneider Electric S.E. Company Profile

(Get Free Report)

Schneider Electric S.E. engages in the energy management and industrial automation businesses in the France, Western Europe, North America, the Asia Pacific, Eastern Europe, the Middle East, Africa, South America, and internationally. The company offers busway and cable management products, circuit breakers and switches, contactors and protection relays, electrical car charging, electrical protection and control products, energy management software solutions, load banks, power monitoring and control systems, power quality and power factor correction products, push buttons, switches, pilot lights and joysticks, surge protection and power conditioning services, switchboards and enclosures, and transfer switches.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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