Schneider Electric Unspon (NASDAQ:SBGSY) was downgraded by Zacks Investment Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Thursday.
According to Zacks, “Schneider Electric SA offers integrated solutions across multiple market segments energy and infrastructure, industrial processes, building automation, and data centers or networks, as well as in residential applications. The Company is focused on making energy safe, reliable, and efficient. Its power management systems offers high density metering, energy tariff optimization, power quality mitigation, local LV/MV protection & control, intelligent power & motor control, renewable energy conversion and electric vehicle recharging. Its process and machine management system offers general machines control, packaging control and material handling control and hoisting control. Its IT / server room management systems offer rack systems, uninterruptible power supply, cooling control and surveillance. It also has building management systems and security management systems. Schneider Electric SA is headquartered in Rueil Malmaison, France. “
Shares of Schneider Electric Unspon (NASDAQ:SBGSY) traded up $0.02 during mid-day trading on Thursday, hitting $17.37. The stock had a trading volume of 41,954 shares, compared to its average volume of 111,135. Schneider Electric Unspon has a fifty-two week low of $12.90 and a fifty-two week high of $17.59.
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About Schneider Electric Unspon
Schneider Electric S.E. provides energy management and automation solutions worldwide. It operates through four businesses: Buildings, Infrastructure, Industry, and IT. The Building business provides low voltage power and building automation products and solutions that address the needs of various end markets from buildings to industries and infrastructure to data centers.
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