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

Legrand SA (OTCMKTS:LGRVF) was the recipient of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 94,093 shares, a decline of 15.4% from the January 15th total of 111,161 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 608 shares, the short-interest ratio is currently 154.8 days. Based on an average trading volume of 608 shares, the short-interest ratio is currently 154.8 days. Currently, 0.0% of the shares of the stock are sold short.

Legrand Price Performance

Legrand stock opened at $184.42 on Tuesday. The company has a fifty day simple moving average of $154.56 and a 200-day simple moving average of $156.54. The firm has a market capitalization of $49.08 billion, a price-to-earnings ratio of 42.89 and a beta of 1.01. 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 52-week low of $97.07 and a 52-week high of $184.46.

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.