Schneider Electric S.E. (OTCMKTS:SBGSY - Get Free Report) was the recipient of a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 49,000 shares, a drop of 36.5% from the November 30th total of 77,200 shares. Based on an average daily volume of 340,200 shares, the days-to-cover ratio is currently 0.1 days.
Wall Street Analysts Forecast Growth
A number of analysts have issued reports on SBGSY shares. Berenberg Bank downgraded Schneider Electric S.E. from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, November 5th. Citigroup upgraded shares of Schneider Electric S.E. to a "hold" rating in a research report on Wednesday, October 2nd.
Read Our Latest Stock Analysis on SBGSY
Schneider Electric S.E. Stock Performance
Shares of SBGSY traded down $0.01 during mid-day trading on Friday, hitting $50.14. 226,441 shares of the company's stock were exchanged, compared to its average volume of 220,988. The stock's 50-day moving average is $51.23 and its 200-day moving average is $50.24. The company has a quick ratio of 0.91, a current ratio of 1.21 and a debt-to-equity ratio of 0.40. Schneider Electric S.E. has a fifty-two week low of $37.61 and a fifty-two week high of $55.00.
About Schneider Electric S.E.
(
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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.
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