Legrand (OTCMKTS:LGRVF) Shares Gap Down – Here’s Why

Legrand SA (OTCMKTS:LGRVF) shares gapped down before the market opened on Friday . The stock had previously closed at $154.93, but opened at $149.21. Legrand shares last traded at $149.21, with a volume of 151 shares changing hands.

Legrand Trading Down 1.6%

The company has a quick ratio of 1.39, a current ratio of 1.95 and a debt-to-equity ratio of 0.68. The firm has a market cap of $39.71 billion, a P/E ratio of 34.70 and a beta of 1.01. The firm’s 50-day simple moving average is $158.32 and its 200 day simple moving average is $148.55.

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.