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

Legrand SA (OTCMKTS:LGRVF) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 102,200 shares, a decrease of 5.0% from the September 30th total of 107,600 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is currently 340.7 days.

Legrand Price Performance

Legrand stock opened at $114.36 on Thursday. The company has a current ratio of 1.84, a quick ratio of 1.42 and a debt-to-equity ratio of 0.57. Legrand has a 1-year low of $92.53 and a 1-year high of $114.36. The company has a fifty day simple moving average of $110.15 and a 200 day simple moving average of $106.68. The company has a market cap of $30.44 billion, a P/E ratio of 25.47 and a beta of 1.07.

Legrand (OTCMKTS:LGRVF) last announced its quarterly earnings data on Wednesday, July 31st. The company reported $1.23 earnings per share for the quarter. Legrand had a return on equity of 15.63% and a net margin of 12.91%. The company had revenue of $2.35 billion during the quarter.

Legrand Company Profile

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.