Legrand SA (OTCMKTS:LGRDY – Get Free Report) was the recipient of a significant decrease in short interest in December. As of December 15th, there was short interest totalling 1,200 shares, a decrease of 29.4% from the November 30th total of 1,700 shares. Based on an average daily volume of 185,600 shares, the short-interest ratio is presently 0.0 days.
Legrand Stock Down 0.7 %
Shares of LGRDY opened at $19.55 on Friday. Legrand has a 1 year low of $19.03 and a 1 year high of $23.63. The company has a 50 day simple moving average of $20.82 and a two-hundred day simple moving average of $21.17.
Wall Street Analysts Forecast Growth
Separately, JPMorgan Chase & Co. upgraded Legrand from a “neutral” rating to an “overweight” rating in a research report on Wednesday, September 11th.
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.
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