Legrand (OTCMKTS:LGRDY) Shares Down 2.3% – Here’s Why

Legrand SA (OTCMKTS:LGRDYGet Free Report) traded down 2.3% on Friday . The stock traded as low as $20.49 and last traded at $20.50. 137,245 shares changed hands during trading, an increase of 17% from the average session volume of 117,172 shares. The stock had previously closed at $20.98.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. upgraded Legrand from a “neutral” rating to an “overweight” rating in a report on Wednesday, September 11th.

View Our Latest Research Report on LGRDY

Legrand Stock Down 2.3 %

The company’s 50 day moving average price is $22.42 and its two-hundred day moving average price is $21.54.

Legrand Company Profile

(Get Free Report)

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.

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