Schneider Electric S.E. (OTCMKTS:SBGSF) Shares Cross Below Fifty Day Moving Average – Here’s Why

Schneider Electric S.E. (OTCMKTS:SBGSFGet Free Report)’s stock price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $259.59 and traded as low as $249.00. Schneider Electric S.E. shares last traded at $253.80, with a volume of 557 shares changing hands.

Schneider Electric S.E. Stock Performance

The firm has a 50-day simple moving average of $259.59 and a two-hundred day simple moving average of $252.52.

About Schneider Electric S.E.

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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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