Schneider Electric S.E. (OTCMKTS:SBGSY) Cut to Hold at Berenberg Bank

Berenberg Bank downgraded shares of Schneider Electric S.E. (OTCMKTS:SBGSY) from a strong-buy rating to a hold rating in a report published on Tuesday,Zacks.com reports.

Separately, Citigroup upgraded shares of Schneider Electric S.E. to a “hold” rating in a research note on Wednesday, October 2nd.

Schneider Electric S.E. Price Performance

SBGSY stock opened at $52.16 on Tuesday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.91 and a current ratio of 1.21. The company’s 50-day simple moving average is $51.68 and its 200 day simple moving average is $49.66. Schneider Electric S.E. has a 52 week low of $32.13 and a 52 week high of $55.00.

About Schneider Electric S.E.

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.