Schneider Electric S.E. (OTCMKTS:SBGSF) Share Price Crosses Above 50 Day Moving Average – Should You Sell?

Schneider Electric S.E. (OTCMKTS:SBGSF)’s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $243.04 and traded as high as $244.81. Schneider Electric S.E. shares last traded at $238.00, with a volume of 570 shares traded.

Schneider Electric S.E. Trading Up 3.2 %

The stock’s fifty day moving average price is $243.04 and its 200-day moving average price is $253.36.

Institutional Trading of Schneider Electric S.E.

A hedge fund recently bought a new stake in Schneider Electric S.E. stock. Generali Investments CEE investicni spolecnost a.s. purchased a new stake in shares of Schneider Electric S.E. (OTCMKTS:SBGSF) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 14,820 shares of the company’s stock, valued at approximately $3,696,000. Institutional investors own 41.67% of the company’s stock.

Schneider Electric S.E. Company Profile

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.