Shares of Schneider Electric SE (OTCMKTS:SBGSY - Get Free Report) rose 0.1% during trading on Friday . The company traded as high as $53.33 and last traded at $52.80. Approximately 109,445 shares were traded during trading, a decline of 59% from the average daily volume of 268,450 shares. The stock had previously closed at $52.74.
Analyst Ratings Changes
Several research analysts have weighed in on SBGSY shares. 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. Barclays lowered Schneider Electric from a "strong-buy" rating to a "hold" rating in a research note on Monday, May 12th. Citigroup raised Schneider Electric from a "hold" rating to a "strong-buy" rating in a research note on Thursday, April 17th. Finally, The Goldman Sachs Group raised Schneider Electric to a "strong-buy" rating in a report on Thursday, March 13th. Two equities research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy".
Check Out Our Latest Stock Analysis on Schneider Electric
Schneider Electric Stock Up 0.1%
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's fifty day simple moving average is $50.04 and its two-hundred day simple moving average is $49.56.
Schneider Electric Cuts Dividend
The business also recently disclosed a dividend, which was paid on Wednesday, June 4th. Investors of record on Thursday, May 15th were given a dividend of $0.6749 per share. The ex-dividend date of this dividend 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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