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

Shares of Schneider Electric S.E. (OTCMKTS:SBGSY) hit a new 52-week low on Friday . The stock traded as low as $40.59 and last traded at $40.84, with a volume of 844233 shares trading hands. The stock had previously closed at $44.48.

Analyst Upgrades and Downgrades

SBGSY has been the subject of several research reports. The Goldman Sachs Group upgraded shares of Schneider Electric S.E. to a “strong-buy” rating in a research report on Thursday, March 13th. Royal Bank of Canada raised shares of Schneider Electric S.E. from a “strong sell” rating to a “moderate buy” rating in a research note on Wednesday, March 19th.

Schneider Electric S.E. Stock Down 8.2 %

The company has a 50-day simple moving average of $49.35 and a 200-day simple moving average of $50.94. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.21 and a quick ratio of 0.91.

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.