Schneider Electric S.E. (OTCMKTS:SBGSY - Get Free Report) shares were up 0.2% during mid-day trading on Thursday . The stock traded as high as $51.95 and last traded at $51.45. Approximately 128,979 shares were traded during trading, a decline of 73% from the average daily volume of 473,809 shares. The stock had previously closed at $51.34.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on SBGSY shares. The Goldman Sachs Group raised shares of Schneider Electric S.E. to a "strong-buy" rating in a research report on Thursday, March 13th. Royal Bank of Canada raised Schneider Electric S.E. from a "strong sell" rating to a "moderate buy" rating in a report on Wednesday, March 19th. Barclays downgraded Schneider Electric S.E. from a "strong-buy" rating to a "hold" rating in a research note on Monday, May 12th. Finally, 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. Two investment analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Buy".
View Our Latest Research Report on Schneider Electric S.E.
Schneider Electric S.E. Trading Up 0.7%
The company has a current ratio of 1.21, a quick ratio of 0.91 and a debt-to-equity ratio of 0.40. The company has a fifty day moving average of $47.53 and a 200 day moving average of $49.54.
Schneider Electric S.E. Cuts Dividend
The firm also recently declared a dividend, which was paid on Wednesday, June 4th. Shareholders of record on Thursday, May 15th were given a $0.6749 dividend. This represents a yield of 1.39%. The ex-dividend date was Wednesday, May 14th.
Schneider Electric S.E. 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.
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