Schneider Electric S.E. (OTCMKTS:SBGSY) Hits New 52-Week High – What’s Next?

Schneider Electric S.E. (OTCMKTS:SBGSY)’s stock price hit a new 52-week high on Wednesday . The stock traded as high as $56.46 and last traded at $55.90, with a volume of 260102 shares traded. The stock had previously closed at $54.90.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on SBGSY. Citigroup raised shares of Schneider Electric S.E. to a “hold” rating in a report on Wednesday, October 2nd. Berenberg Bank lowered Schneider Electric S.E. from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 5th.

Schneider Electric S.E. Price Performance

The company has a quick ratio of 0.91, a current ratio of 1.21 and a debt-to-equity ratio of 0.40. The company has a 50 day moving average of $51.24 and a 200 day moving average of $50.64.

About Schneider Electric S.E.

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.