Legrand (OTCMKTS:LGRVF) Stock Price 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 - )'s stock price rose 0.7% on Friday . The company traded as high as $151.00 and last traded at $151.00. Approximately 112 shares traded hands during mid-day 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 firm has a market cap of $40.19 billion, a price-to-earnings ratio of 35.12 and a beta of 1.01. The company has a current ratio of 1.95, a quick ratio of 1.39 and a debt-to-equity ratio of 0.68. The stock has a 50-day moving average of $131.31 and a two-hundred day moving average of $114.74.

Legrand Dividend Announcement

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

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.

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.