Short Interest in Legrand SA (OTCMKTS:LGRDY) Decreases By 62.0%

Legrand SA (OTCMKTS:LGRDY - Get Free Report) saw a large drop in short interest in January. As of January 31st, there was short interest totalling 13,300 shares, a drop of 62.0% from the January 15th total of 35,000 shares. Based on an average daily trading volume, of 202,200 shares, the short-interest ratio is presently 0.1 days.

Legrand Price Performance

LGRDY traded down $0.09 during midday trading on Wednesday, hitting $22.87. The stock had a trading volume of 312,643 shares, compared to its average volume of 121,083. Legrand has a 1 year low of $18.94 and a 1 year high of $23.63. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.39 and a current ratio of 1.95. The business has a fifty day moving average of $20.14 and a 200 day moving average of $21.14. The company has a market cap of $30.19 billion, a P/E ratio of 23.87 and a beta of 1.00.

Legrand (OTCMKTS:LGRDY - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.25 by $0.02. The company had revenue of $2.58 billion for the quarter, compared to analyst estimates of $2.19 billion. Legrand had a net margin of 13.48% and a return on equity of 16.63%. As a group, equities analysts forecast that Legrand will post 1.05 earnings per share for the current fiscal year.

Legrand Company Profile

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.