Schneider Electric S.E. (OTCMKTS:SBGSF – Get Free Report)’s share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $276.98 and traded as low as $276.58. Schneider Electric S.E. shares last traded at $277.9850, with a volume of 1,333 shares trading hands.
Schneider Electric S.E. Stock Up 1.1%
The company’s 50 day moving average price is $276.98 and its two-hundred day moving average price is $271.94.
Hedge Funds Weigh In On Schneider Electric S.E.
An institutional investor recently bought a new position in Schneider Electric S.E. stock. Saranac Partners Ltd purchased a new stake in shares of Schneider Electric S.E. (OTCMKTS:SBGSF – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 567 shares of the company’s stock, valued at approximately $158,000. 41.67% of the stock is owned by institutional investors and hedge funds.
About Schneider Electric S.E.
Schneider Electric S.E. is a global leader in energy management and automation solutions, offering a comprehensive range of products and services designed to optimize efficiency and sustainability. Headquartered in Rueil-Malmaison, France, the company’s portfolio encompasses low- and medium-voltage electrical distribution, smart grid and renewable energy solutions, building automation, industrial control systems, and critical power infrastructure. By integrating digital technologies such as the Internet of Things (IoT) and advanced analytics into its offerings, Schneider Electric helps customers in utilities, data centers, buildings, infrastructure, and industries improve operational performance and reduce environmental impact.
Founded in 1836 originally as a steel and heavy machinery manufacturer, Schneider Electric has evolved over nearly two centuries into a technology-driven organization focused on energy efficiency and automation.
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