Schneider Electric S.E. (OTCMKTS:SBGSY) Downgraded by Berenberg Bank to "Hold"

Schneider Electric S.E. (OTCMKTS:SBGSY - Get Free Report) was downgraded by Berenberg Bank from a "strong-buy" rating to a "hold" rating in a research note issued to investors on Tuesday,Zacks.com reports.

Separately, Citigroup raised Schneider Electric S.E. to a "hold" rating in a report on Wednesday, October 2nd.

Schneider Electric S.E. Stock Performance

Shares of OTCMKTS SBGSY traded up $0.72 during mid-day trading on Tuesday, hitting $52.16. The company had a trading volume of 219,142 shares, compared to its average volume of 219,725. The firm's 50 day simple moving average is $51.68 and its two-hundred day simple moving average is $49.66. The company has a current ratio of 1.21, a quick ratio of 0.91 and a debt-to-equity ratio of 0.40. Schneider Electric S.E. has a 12 month low of $32.13 and a 12 month high of $55.00.

Schneider Electric S.E. Company Profile

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.