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

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

Legrand Price Performance

Shares of LGRVF opened at $184.42 on Friday. 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 stock has a market cap of $49.08 billion, a price-to-earnings ratio of 42.89 and a beta of 1.01. Legrand has a 12 month low of $97.07 and a 12 month high of $184.46. The company has a 50-day moving average price of $163.06 and a two-hundred day moving average price of $159.51.

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.