Schneider Electric S.E. (OTCMKTS:SBGSY) Sets New 12-Month High – What’s Next?

Schneider Electric S.E. (OTCMKTS:SBGSY) shares reached a new 52-week high on Wednesday . The company traded as high as $56.46 and last traded at $55.90, with a volume of 260102 shares traded. The stock had previously closed at $54.90.

Analysts Set New Price Targets

A number of research firms have weighed in on SBGSY. Citigroup raised shares of Schneider Electric S.E. to a “hold” rating in a research note on Wednesday, October 2nd. Berenberg Bank lowered Schneider Electric S.E. from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 5th.

Schneider Electric S.E. Stock Up 1.8 %

The company’s 50-day moving average is $51.03 and its 200-day moving average is $50.56. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.91 and a current ratio of 1.21.

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.