Legrand SA (OTCMKTS:LGRDY) Short Interest Update

Legrand SA (OTCMKTS:LGRDY) was the recipient of a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 13,300 shares, a decline of 62.0% from the January 15th total of 35,000 shares. Based on an average trading volume of 202,200 shares, the days-to-cover ratio is presently 0.1 days.

Legrand Price Performance

LGRDY stock opened at $22.51 on Friday. The firm’s 50-day moving average price is $19.99 and its two-hundred day moving average price is $21.10. Legrand has a 12-month low of $18.94 and a 12-month high of $23.63. The stock has a market capitalization of $29.72 billion, a price-to-earnings ratio of 26.17 and a beta of 1.00. The company has a current ratio of 1.95, a quick ratio of 1.39 and a debt-to-equity ratio of 0.68.

Legrand (OTCMKTS:LGRDY) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.02. Legrand had a net margin of 12.53% and a return on equity of 15.15%. As a group, equities analysts predict that Legrand will post 0.97 earnings per share for the current year.

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.