SCHNEIDER ELEC /ADR (OTCMKTS:SBGSY)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $19.54 and last traded at $19.46, with a volume of 109804 shares. The stock had previously closed at $19.18.
A number of brokerages have recently issued reports on SBGSY. Zacks Investment Research cut SCHNEIDER ELEC /ADR from a “hold” rating to a “sell” rating in a report on Wednesday. ValuEngine upgraded SCHNEIDER ELEC /ADR from a “strong sell” rating to a “sell” rating in a report on Friday, November 1st. Two analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $20.00.
The company has a market cap of $55.70 billion, a P/E ratio of 17.85 and a beta of 1.17. The company has a 50 day moving average price of $18.90 and a 200-day moving average price of $17.43.
Schneider Electric SE provides energy management and automation solutions worldwide. It operates through four businesses: Low Voltage, Medium Voltage, Secure Power, and Industrial Automation. The Low Voltage business provides low voltage power and building automation products and solutions that address the needs of various end markets from buildings to industries and infrastructure to data centers.
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