Legrand (OTCMKTS:LGRVF) Sets New 1-Year High - Here's Why

Key Points

• Legrand SA's stock reached a new 52-week high of $169.33 during mid-day trading, reflecting a significant price increase from its previous close of $166.09.
• The company has a market capitalization of $45.07 billion and maintains healthy financial ratios, including a debt-to-equity ratio of 0.68.
• Legrand specializes in the manufacturing and distribution of electrical and digital building infrastructures, offering solutions such as energy distribution and management systems.

Legrand SA (OTCMKTS:LGRVF - )'s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $169.33 and last traded at $169.33, with a volume of 162 shares traded. The stock had previously closed at $166.09.

Legrand Trading Up 2.0%

The company has a debt-to-equity ratio of 0.68, a current ratio of 1.95 and a quick ratio of 1.39. The company has a fifty day moving average of $153.77 and a 200-day moving average of $127.11. The firm has a market capitalization of $45.07 billion, a PE ratio of 39.38 and a beta of 1.01.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.