Short Interest in Legrand SA (OTCMKTS:LGRVF) Drops By 15.3%

Legrand SA (OTCMKTS:LGRVF) was the target of a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 79,730 shares, a decrease of 15.3% from the January 29th total of 94,093 shares. Based on an average daily volume of 1,425 shares, the days-to-cover ratio is presently 56.0 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 1,425 shares, the days-to-cover ratio is presently 56.0 days.

Legrand Price Performance

LGRVF stock opened at $184.42 on Wednesday. The company has a quick ratio of 1.39, a current ratio of 1.95 and a debt-to-equity ratio of 0.68. Legrand has a 12 month low of $97.07 and a 12 month high of $184.46. The firm has a market cap of $49.08 billion, a P/E ratio of 42.89 and a beta of 1.01. The company’s 50-day moving average price is $161.65 and its two-hundred day moving average price is $159.16.

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.