Schneider Electric (OTCMKTS:SBGSY) Reaches New 12-Month High – Should You Buy?

Shares of Schneider Electric SE (OTCMKTS:SBGSY) reached a new 52-week high during trading on Thursday . The stock traded as high as $69.8499 and last traded at $69.30, with a volume of 187678 shares traded. The stock had previously closed at $69.27.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Barclays reiterated an “overweight” rating on shares of Schneider Electric in a research note on Monday, July 6th. Berenberg Bank upgraded shares of Schneider Electric to a “strong-buy” rating in a report on Monday, June 1st. Morgan Stanley reaffirmed an “overweight” rating on shares of Schneider Electric in a research note on Monday, June 29th. Finally, Erste Group Bank upgraded Schneider Electric from a “hold” rating to a “strong-buy” rating in a report on Monday, July 27th. Three research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Schneider Electric has a consensus rating of “Buy”.

Schneider Electric Stock Up 0.0%

The company has a debt-to-equity ratio of 0.61, a current ratio of 1.19 and a quick ratio of 0.90. The stock’s 50 day simple moving average is $63.05 and its 200-day simple moving average is $61.04.

Schneider Electric Company Profile

Schneider Electric is a global specialist in energy management and automation solutions, offering products and services that help customers optimize the use of electrical power and industrial processes. Headquartered in Rueil-Malmaison, France, the company traces its industrial roots back to the 19th century and has evolved into a technology-driven provider of electrical distribution, control and automation equipment, and related software and services.

The company’s portfolio spans low- and medium-voltage electrical distribution, building and home automation, industrial automation and control systems, critical power and cooling for data centers, and integrated software platforms that enable monitoring, analytics and remote operations.