Schneider Electric SE (OTCMKTS:SBGSY - Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $50.95, but opened at $53.71. Schneider Electric shares last traded at $53.77, with a volume of 40,444 shares.
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on the company. Citigroup upgraded Schneider Electric from a "hold" rating to a "strong-buy" rating in a report on Thursday, April 17th. Royal Bank Of Canada upgraded shares of Schneider Electric from a "strong sell" rating to a "moderate buy" rating in a research report on Wednesday, March 19th. The Goldman Sachs Group upgraded shares of Schneider Electric to a "strong-buy" rating in a report on Thursday, March 13th. Finally, Barclays cut Schneider Electric from a "strong-buy" rating to a "hold" rating in a research report on Monday, May 12th. Two investment analysts have rated the stock with a hold rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Buy".
Check Out Our Latest Stock Report on Schneider Electric
Schneider Electric Stock Performance
The company has a current ratio of 1.23, a quick ratio of 0.95 and a debt-to-equity ratio of 0.35. The company has a fifty day simple moving average of $49.37 and a two-hundred day simple moving average of $49.50.
Schneider Electric Cuts Dividend
The business also recently disclosed a dividend, which was paid on Wednesday, June 4th. Shareholders of record on Thursday, May 15th were issued a dividend of $0.6749 per share. The ex-dividend date was Wednesday, May 14th. This represents a dividend yield of 1.39%.
Schneider Electric Company Profile
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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.
Further Reading
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