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

Legrand SA (OTCMKTS:LGRVF)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $184.42, but opened at $166.00. Legrand shares last traded at $166.00, with a volume of 649 shares trading hands.

Legrand Stock Performance

The business has a fifty day moving average price of $165.18 and a two-hundred day moving average price of $160.25. The company has a current ratio of 1.95, a quick ratio of 1.39 and a debt-to-equity ratio of 0.68. The firm has a market capitalization of $44.18 billion, a PE ratio of 38.60 and a beta of 1.01.

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.