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Legrand (OTCMKTS:LGRVF) Stock Price Down 7% - Here's Why

Legrand logo with Computer and Technology background

Legrand SA (OTCMKTS:LGRVF - Get Free Report) dropped 7% during trading on Monday . The company traded as low as $105.53 and last traded at $105.53. Approximately 522 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 3,590 shares. The stock had previously closed at $113.50.

Legrand Stock Performance

The stock has a market capitalization of $28.09 billion, a P/E ratio of 24.54 and a beta of 1.01. 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 firm has a 50-day moving average of $108.82 and a 200 day moving average of $106.57.

Legrand Company Profile

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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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