Legrand (OTCMKTS:LGRVF) Shares Up 0.7% - Still a Buy?

Key Points

• Legrand SA stock price increased by 0.7%, closing at $151.00, with trading volume significantly down to 112 shares compared to its average of 2,493 shares.
• The company has a market cap of $40.19 billion and a price-to-earnings ratio of 35.12, indicating strong financial positioning.
• Legrand recently declared a $2.20 dividend with a yield of 241.0%, emphasizing its commitment to returning value to shareholders.

Legrand SA (OTCMKTS:LGRVF - Get Free Report) shares were up 0.7% on Friday . The company traded as high as $151.00 and last traded at $151.00. Approximately 112 shares were traded during trading, a decline of 96% from the average daily volume of 2,493 shares. The stock had previously closed at $150.00.

Legrand Price Performance

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 business's 50 day simple moving average is $132.42 and its 200 day simple moving average is $115.39. The company has a market capitalization of $40.19 billion, a PE ratio of 35.12 and a beta of 1.01.

Legrand Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, June 2nd. Shareholders of record on Friday, May 30th were paid a dividend of $2.20 per share. The ex-dividend date of this dividend was Thursday, May 29th. This represents a yield of 241.0%.

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.