Legrand (OTCMKTS:LGRDY) Reaches New 12-Month Low - Should You Sell?

Legrand SA (OTCMKTS:LGRDY - Get Free Report)'s stock price reached a new 52-week low during trading on Monday . The company traded as low as $18.92 and last traded at $19.47, with a volume of 294161 shares trading hands. The stock had previously closed at $19.30.

Analyst Ratings Changes

Separately, Royal Bank of Canada raised shares of Legrand from a "strong sell" rating to a "hold" rating in a report on Monday, February 24th.

Legrand Trading Up 3.3 %

The company has a 50 day moving average of $21.72 and a two-hundred day moving average of $21.17. The stock has a market capitalization of $27.50 billion, a PE ratio of 21.74, a P/E/G ratio of 5.98 and a beta of 0.83. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.39 and a current ratio of 1.95.

Legrand (OTCMKTS:LGRDY - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.27 earnings per share for the quarter, topping analysts' consensus estimates of $0.25 by $0.02. Legrand had a return on equity of 16.63% and a net margin of 13.48%. The business had revenue of $2.58 billion for the quarter, compared to analyst estimates of $2.19 billion. Sell-side analysts predict that Legrand SA will post 1.08 EPS for the current 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.