Legrand SA (OTCMKTS:LGRVF) Sees Significant Decline in Short Interest

Legrand SA (OTCMKTS:LGRVF) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 51,207 shares, a decrease of 28.1% from the November 30th total of 71,187 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 563 shares, the days-to-cover ratio is presently 91.0 days. Based on an average daily trading volume, of 563 shares, the days-to-cover ratio is presently 91.0 days. Approximately 0.0% of the company’s stock are short sold.

Legrand Stock Down 0.6%

Legrand stock traded down $0.92 during mid-day trading on Tuesday, hitting $148.29. The company had a trading volume of 165 shares, compared to its average volume of 1,938. Legrand has a 12 month low of $97.07 and a 12 month high of $175.65. The company has a market capitalization of $39.47 billion, a PE ratio of 34.49 and a beta of 1.01. The stock’s 50 day moving average price is $155.78 and its two-hundred day moving average price is $150.19. The company has a current ratio of 1.95, a quick ratio of 1.39 and a debt-to-equity ratio of 0.68.

About Legrand

Legrand is a global specialist in electrical and digital building infrastructures, offering products and systems that manage power, light, data and control in residential, commercial and industrial buildings. The company’s portfolio covers a wide range of solutions for electrical distribution, wiring devices, cable management, lighting controls, building automation and connected home technologies, with an emphasis on integrated systems that support energy management and digital connectivity.

Products and services include switches and sockets, circuit protection and distribution equipment, structured cabling and data-center solutions, racks and enclosures, lighting controls, sensors and smart-home interfaces, as well as services related to system design and project support.