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

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

Legrand Stock Performance

The firm has a market cap of $25.94 billion, a PE ratio of 22.66 and a beta of 1.01. The company has a 50-day simple moving average of $99.77 and a 200 day simple moving average of $105.66. The company has a current ratio of 1.95, a quick ratio of 1.39 and a debt-to-equity ratio of 0.68.

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

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.