Legrand (OTCMKTS:LGRVF) Stock Price Up 11.6% - Here's Why

Key Points

• Legrand SA's share price increased by 11.6%, reaching a last trading price of $167.35 following a previous close of $150.00.
• The company's market capitalization stands at $44.54 billion, with a P/E ratio of 38.92 and liquidity ratios indicating a healthy financial position.
• Legrand SA specializes in manufacturing and distributing electrical and digital building infrastructures, including solutions for energy distribution and smart building control.

Legrand SA (OTCMKTS:LGRVF - )'s share price rose 11.6% on Thursday . The stock traded as high as $167.35 and last traded at $167.35. Approximately 349 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 2,493 shares. The stock had previously closed at $150.00.

Legrand Trading Up 11.6%

The company has a quick ratio of 1.39, a current ratio of 1.95 and a debt-to-equity ratio of 0.68. The company has a market cap of $44.54 billion, a P/E ratio of 38.92 and a beta of 1.01. The firm's 50 day moving average is $147.81 and its two-hundred day moving average is $123.99.

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.

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