Legrand (OTCMKTS:LGRDY) Trading 0.8% Higher – Still a Buy?

Shares of Legrand SA (OTCMKTS:LGRDYGet Free Report) shot up 0.8% during mid-day trading on Friday . The company traded as high as $20.43 and last traded at $20.36. 89,675 shares were traded during mid-day trading, a decline of 22% from the average session volume of 115,364 shares. The stock had previously closed at $20.18.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. raised Legrand from a “neutral” rating to an “overweight” rating in a research report on Wednesday, September 11th.

Read Our Latest Stock Analysis on LGRDY

Legrand Stock Performance

The business’s 50 day moving average price is $21.61 and its 200-day moving average price is $21.37.

About Legrand

(Get Free Report)

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.

Further Reading

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