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

Legrand SA (OTCMKTS:LGRVF) saw a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 68,556 shares, a drop of 14.0% from the February 12th total of 79,730 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 186 shares, the days-to-cover ratio is presently 368.6 days. Based on an average daily volume of 186 shares, the days-to-cover ratio is presently 368.6 days. Currently, 0.0% of the shares of the company are sold short.

Legrand Trading Up 2.4%

Legrand stock opened at $161.00 on Tuesday. Legrand has a 52 week low of $97.07 and a 52 week high of $184.46. 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 firm has a market capitalization of $42.85 billion, a PE ratio of 37.44 and a beta of 1.01. The business’s 50-day simple moving average is $165.86 and its 200-day simple moving average is $160.50.

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.