Schneider Electric S.E. (OTCMKTS:SBGSY - Get Free Report) saw a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 45,300 shares, a decrease of 26.9% from the October 31st total of 62,000 shares. Based on an average trading volume of 539,100 shares, the days-to-cover ratio is currently 0.1 days.
Shares of OTCMKTS:SBGSY traded up $1.30 during trading on Friday, hitting $51.57. 93,975 shares of the company's stock were exchanged, compared to its average volume of 224,273. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.91 and a current ratio of 1.21. Schneider Electric S.E. has a 52-week low of $36.31 and a 52-week high of $55.00. The business's 50-day simple moving average is $51.94 and its 200 day simple moving average is $50.09.
A number of research analysts have weighed in on the company. Citigroup raised Schneider Electric S.E. to a "hold" rating in a report on Wednesday, October 2nd. Berenberg Bank cut Schneider Electric S.E. from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, November 5th.
Read Our Latest Stock Report on SBGSY
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.
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