Short Interest in Legrand SA (OTCMKTS:LGRVF) Declines By 5.0%

Legrand SA (OTCMKTS:LGRVF) saw a significant drop in short interest in October. As of October 15th, there was short interest totalling 102,200 shares, a drop of 5.0% from the September 30th total of 107,600 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is currently 340.7 days.

Legrand Trading Down 1.3 %

Shares of OTCMKTS:LGRVF opened at $112.82 on Friday. Legrand has a 12-month low of $92.53 and a 12-month high of $114.36. The company’s 50 day moving average price is $110.35 and its two-hundred day moving average price is $106.80. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.42 and a current ratio of 1.84.

Legrand (OTCMKTS:LGRVF) last posted its quarterly earnings data on Wednesday, July 31st. The company reported $1.23 EPS for the quarter. The firm had revenue of $2.35 billion for the quarter. Legrand had a return on equity of 15.63% and a net margin of 12.91%.

About Legrand

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.