Short Interest in Legrand SA (OTCMKTS:LGRVF) Declines By 5.1%

Legrand SA (OTCMKTS:LGRVF) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totalling 107,500 shares, a drop of 5.1% from the June 15th total of 113,300 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 1,075.0 days.

Legrand Price Performance

Shares of OTCMKTS:LGRVF opened at $100.25 on Friday. The business has a fifty day moving average price of $104.49 and a 200-day moving average price of $102.49. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.42 and a current ratio of 1.84. Legrand has a 1-year low of $92.10 and a 1-year high of $109.20.

Legrand (OTCMKTS:LGRVF) last announced its quarterly earnings results on Friday, May 3rd. The company reported $1.14 earnings per share for the quarter, missing the consensus estimate of $1.27 by ($0.13). Legrand had a net margin of 13.19% and a return on equity of 16.16%. The firm had revenue of $2.20 billion for the quarter. As a group, analysts anticipate that Legrand will post 5.08 EPS for the current year.

About Legrand

Legrand SA, together with its subsidiaries, manufactures, distributes, and sells electrical and digital building infrastructures in Europe, North and Central America, and internationally. The company offers energy distribution, protection, and management solutions, such as electric vehicle charging, residential and small commercial panels, switchboards and power cabinets, and UPS devices; and wiring devices, connected home and building control solutions, and guestroom solutions, as well as back, junction, DCL, and floor boxes.