Schneider Electric S.E. (OTCMKTS:SBGSY) Share Price Crosses Below Fifty Day Moving Average – Time to Sell?

Schneider Electric S.E. (OTCMKTS:SBGSY) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $49.91 and traded as low as $45.74. Schneider Electric S.E. shares last traded at $46.68, with a volume of 575,333 shares changing hands.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on SBGSY. The Goldman Sachs Group raised Schneider Electric S.E. to a “strong-buy” rating in a 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 research note on Wednesday, March 19th.

Schneider Electric S.E. Stock Up 0.4 %

The company has a fifty day moving average of $49.91 and a 200-day moving average of $51.05. The company has a current ratio of 1.21, a quick ratio of 0.91 and a debt-to-equity ratio of 0.40.

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.