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

Schneider Electric SE (OTCMKTS:SBGSY)’s share price reached a new 52-week high on Friday . The company traded as high as $66.37 and last traded at $66.07, with a volume of 57998 shares traded. The stock had previously closed at $63.14.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Barclays raised Schneider Electric from an “equal weight” rating to an “overweight” rating in a research report on Monday, April 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Schneider Electric in a research report on Monday, February 9th. Two equities 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 data from MarketBeat, Schneider Electric has an average rating of “Buy”.

Schneider Electric Stock Up 3.7%

The stock has a 50-day simple moving average of $59.29 and a 200 day simple moving average of $57.00. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.90 and a current ratio of 1.19.

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.