Schneider Electric SE (SU) Dips -2.56% on Nov 9

Posted by Schneider Electric on November 10th, 2017

November 9, 2017 - By Clifton Ray

Shares of Schneider Electric SE (EPA:SU) last traded at 71.87, representing a move of -2.56%, or -1.89 per share, on volume of 961,106 shares. After opening the trading day at 73.63, shares of Schneider Electric SE traded in a close range. Schneider Electric SE currently has a total float of 556.70 million shares and on average sees 1.12 million shares exchange hands each day. The stock now has a 52-week low of 58.05 and high of 75.94.

Euronext Paris Then And Now
The European region is home to the best and most competitive stock exchanges in the world; and the Euronext is one of them. However, the Euronext has a far more interesting component backed by a rich history even before the foundation of the pan-European stock exchange— Euronext Paris. Schneider Electric SE had to work hard to be the part of Euronext.
Euronext Paris Then
Euronext Paris was first known as the Paris Bourse. The foundation of the Euronext on September 22, 2000, which emerged from the union of the Amsterdam Stock Exchange, Brussels Stock Exchange, and Parks Bourse, gave birth to its identity today. The main objective of the creation of the first pan-European stock exchange is to take advantage of the resources of the European Union (EU) in a broader and unified attempt to drive long-term economic growth. Only healthy companies like Schneider Electric SE can be allowed at the market. Truly enough, Euronext Paris is living up to its founding mission until today— helping the European economy thrive even at pressing times.

The CAC 40, the benchmark index in France monitoring the most significant companies listed on Euronext Paris, is among the most anticipated indices of the Euronext along with PSI 20, Next 150, Euronext 100, BEL 20, AScX, AMX, AEX, among others. It tracks companies with a base value of 1,000 and a base date of December 31, 1987.

In January 1988, the CAC had reached its lowest level ever, closing a session at 893.82.

Euronext Paris Now
Since the establishment of the Euronext, Euronext Paris has already gone a long way. As of the earlier part of 2014, the Euronext has a total market valuation of nearly €3 trillion.

Unlike the Dow Jones Industrial Average (DJIA), the CAC 40 has been weighing stocks based on free-float market capitalization and share turnover over the previous 12-month period since December 1, 2003. Prior to this, it has been weighing stocks based on overall market valuation.

All the factors of Schneider Electric SE reliability is carefully checked by specialists. CAC 40 components are reviewed four times annually, particularly on the third Friday of the months of March, June, September, and December. The stocks are capped at 15% if the need calls for it. The Index Steering Committee, which handles the review, ranks the top 100 companies on Euronext Paris. A total of 40 out of 100 stocks are chosen to compose the CAC 40, making up a strong indicator of the health of France’s economy.

The CAC 40 holds an all-time high of 6,922.33, which was seen on September 4, 2000 before the foundation of the Euronext. On September 4, 2000, it had an intraday high of 6,944.77. Presently, the CAC 40 is trading at around 4,000.

The requirements to trade include a minimum trade size of one index and a margin of 2%— as far as most brokers are concerned. The CAC 40 moves in increments of 0.50. The main currency, on the other hand, is euro.

Europe has a very promising economy and France is one of the reasons behind it. As the region’s economy immensely grows, Euronext Paris is a hot stock exchange to enter today for all kinds of investors seeking high returns. High returns of Schneider Electric SE gives its advantage among its rivals.

More notable recent Schneider Electric SE (EPA:SU) news were published by: Foxbusiness.com which released: “Schneider Electric to Acquire IGE + XAO for EUR188.4 Million” on November 08, 2017, also Moodys.com with their article: “Moody’s downgrades Schneider Electric to Baa1, changes outlook to stable” published on August 03, 2017, Economictimes.Indiatimes.com published: “Schneider-Temasek leads race to buy L&T’s electrical Biz for Rs 17000 crore” on November 08, 2017. More interesting news about Schneider Electric SE (EPA:SU) were released by: Seekingalpha.com and their article: “Schneider Electric’s (SBGSF) CEO Emmanuel Babeau on Q3 2017 Results – Earnings …” published on October 28, 2017 as well as Thestreet.com‘s news article titled: “Schneider Electric Increases Revenue Target For Second Time This Year” with publication date: October 26, 2017.
Schneider Electric SE is a France-based firm that specializes in electricity distribution, automation management and produces installation components for energy management. The company has market cap of 42.88 billion EUR. The Firm has five divisions organized by business: Energy and Infrastructure, which includes medium and low voltage, installation systems and control, renewable energies and includes customer divisions in Utilities, Marine, residential and oil & gas sector; Industry, which includes automation & control which includes water treatment and mining, minerals & metals industries; Buildings, which includes building automation and security, whose clients are hotels, hospitals, office and retail buildings; Data canters and networks, and Residential which is engaged in solutions for saving electricity bills by combining lighting and heating control features. It has a 20.45 P/E ratio.

About Schneider Electric

Schneider Electric is the global specialist in energy management and automation. With revenues of ~€25 billion in FY2016, our 144,000 employees serve customers in over 100 countries, helping them to manage their energy and process in ways that are safe, reliable, efficient and sustainable. From the simplest of switches to complex operational systems, our technology, software and services improve the way our customers manage and automate their operations. Our connected technologies reshape industries, transform cities and enrich lives. At Schneider Electric, we call this *Life Is On*. Schneider Electric is the worldwide expert in energy administration and automation. With incomes of ~€25 billion in FY2016, our 144,000 representatives serve clients in more than 100 nations, Schneider Electric helping them to deal with their energy and process in ways that are protected, dependable, productive and practical. From the least difficult of changes to complex operational frameworks, Schneider Electric innovation, programming and administrations enhance the way our clients oversee and computerize their operations. Schneider Electric associated advancements reshape businesses, change urban communities and advance lives. At Schneider Electric, we call this Life Is On. Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries. With global presence in over 100 countries, Schneider is the undisputable leader in Power Management – Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software. In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency. We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.