Legrand (OTCMKTS:LGRVF) Stock Price Down 3.5% – Here’s Why

Shares of Legrand SA (OTCMKTS:LGRVF) were down 3.5% during mid-day trading on Wednesday . The company traded as low as $97.45 and last traded at $97.45. Approximately 2,729 shares traded hands during mid-day trading, an increase of 54% from the average daily volume of 1,777 shares. The stock had previously closed at $101.01.

Legrand Stock Down 3.5 %

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 company has a market capitalization of $25.94 billion, a P/E ratio of 22.66 and a beta of 1.01. The business’s fifty day moving average price is $99.81 and its 200 day moving average price is $105.70.

Legrand (OTCMKTS:LGRVF) last released its quarterly earnings data on Thursday, November 7th. The company reported $1.07 earnings per share for the quarter. The company had revenue of $2.22 billion for the quarter. Legrand had a return on equity of 15.15% and a net margin of 12.53%.

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.