Schneider Electric S.E. (OTCMKTS:SBGSF) Stock Crosses Above Fifty Day Moving Average – What’s Next?

Shares of Schneider Electric S.E. (OTCMKTS:SBGSFGet Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $241.12 and traded as high as $265.00. Schneider Electric S.E. shares last traded at $252.96, with a volume of 883 shares traded.

Schneider Electric S.E. Trading Down 3.3%

The firm has a fifty day simple moving average of $241.12 and a 200-day simple moving average of $249.26.

Schneider Electric S.E. Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, May 15th. Stockholders of record on Wednesday, May 14th were paid a $3.90 dividend. This represents a dividend yield of 1.8%. The ex-dividend date was Tuesday, May 13th. Schneider Electric S.E.’s dividend payout ratio (DPR) is presently 56.33%.

Institutional Trading of Schneider Electric S.E.

An institutional investor recently bought a new position in Schneider Electric S.E. stock. Generali Investments CEE investicni spolecnost a.s. acquired a new stake in Schneider Electric S.E. (OTCMKTS:SBGSFFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 14,820 shares of the company’s stock, valued at approximately $3,696,000. 41.67% of the stock is owned by institutional investors and hedge funds.

About Schneider Electric S.E.

(Get Free Report)

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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