Schneider Electric (OTCMKTS:SBGSY) Sets New 1-Year High – Should You Buy?

Schneider Electric SE (OTCMKTS:SBGSY) shares reached a new 52-week high during trading on Monday . The company traded as high as $67.16 and last traded at $66.92, with a volume of 424771 shares changing hands. The stock had previously closed at $66.93.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Berenberg Bank upgraded Schneider Electric to a “strong-buy” rating in a report on Monday, June 1st. Barclays upgraded Schneider Electric from an “equal weight” rating to an “overweight” rating in a report on Monday, April 13th. Three analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Schneider Electric has a consensus rating of “Buy”.

Schneider Electric Price Performance

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 firm has a 50-day moving average price of $63.30 and a 200-day moving average price of $59.29.

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.