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

Legrand SA (OTCMKTS:LGRVF) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 93,918 shares, a growth of 37.0% from the February 26th total of 68,556 shares. Based on an average daily trading volume, of 661 shares, the short-interest ratio is currently 142.1 days. Currently, 0.0% of the shares of the company are short sold.

Legrand Stock Performance

Shares of Legrand stock opened at $151.76 on Tuesday. The firm has a 50-day simple moving average of $167.59 and a two-hundred day simple moving average of $161.04. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.39 and a current ratio of 1.95. Legrand has a fifty-two week low of $97.07 and a fifty-two week high of $184.46. The company has a market cap of $40.39 billion, a P/E ratio of 35.29 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.