Legrand (OTCMKTS:LGRVF) Shares Gap Down – Should You Sell?

Shares of Legrand SA (OTCMKTS:LGRVF) gapped down prior to trading on Wednesday . The stock had previously closed at $180.25, but opened at $170.27. Legrand shares last traded at $170.27, with a volume of 375 shares trading hands.

Legrand Stock Performance

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 50 day simple moving average of $166.98 and a 200 day simple moving average of $161.97. The company has a market capitalization of $45.32 billion, a price-to-earnings ratio of 39.60 and a beta of 1.01.

Legrand Company Profile

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.