Schneider Electric S.E. (OTCMKTS:SBGSY) Downgraded by Barclays to Hold

Barclays lowered shares of Schneider Electric S.E. (OTCMKTS:SBGSY - Free Report) from a strong-buy rating to a hold rating in a research note published on Monday, May 12th,Zacks.com reports.

Other analysts also recently issued reports about the stock. Royal Bank of Canada raised shares of Schneider Electric S.E. from a "strong sell" rating to a "moderate buy" rating in a research report on Wednesday, March 19th. Citigroup raised shares of Schneider Electric S.E. 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 S.E. to a "strong-buy" rating in a research 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. Based on data from MarketBeat, the stock presently has an average rating of "Buy".

Schneider Electric S.E. Stock Performance

Shares of SBGSY stock traded up $0.27 during midday trading on Monday, reaching $49.31. 207,324 shares of the stock were exchanged, compared to its average volume of 503,993. 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's 50 day moving average is $47.40 and its two-hundred day moving average is $49.62. Schneider Electric S.E. has a 1 year low of $39.77 and a 1 year high of $56.98.

Schneider Electric S.E. Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.6749 per share. This represents a dividend yield of 1.39%. The ex-dividend date is Wednesday, May 14th.

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.