Legrand (OTCMKTS:LGRVF) Trading 10% Higher – Still a Buy?

Legrand SA (OTCMKTS:LGRVF)’s stock price traded up 10% during mid-day trading on Monday . The company traded as high as $177.4395 and last traded at $177.4395. Approximately 223 shares traded hands during mid-day trading, a decline of 32% from the average daily volume of 329 shares. The stock had previously closed at $161.33.

Legrand Stock Up 0.6%

The firm has a fifty day simple moving average of $173.28 and a 200 day simple moving average of $164.65. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.39 and a current ratio of 1.95. The company has a market cap of $47.23 billion, a PE ratio of 41.27 and a beta of 1.01.

Legrand Company Profile

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.