Landis+Gyr Group (OTCMKTS:LDGYY) Stock Price Down 10.8% – Here’s What Happened

Shares of Landis+Gyr Group AG (OTCMKTS:LDGYYGet Free Report) dropped 10.8% during trading on Thursday . The company traded as low as $17.00 and last traded at $17.00. Approximately 200 shares changed hands during mid-day trading, an increase of 100% from the average daily volume of 100 shares. The stock had previously closed at $19.05.

Landis+Gyr Group Price Performance

The stock’s 50 day simple moving average is $20.52 and its 200 day simple moving average is $20.75.

Landis+Gyr Group Company Profile

(Get Free Report)

Landis+Gyr Group AG, together with its subsidiaries, provides integrated energy management solutions to utility sector in the Americas, Europe, the Middle East, Africa, South America, Canada, and the Asia Pacific. The company offers prepayment electricity, commercial/industrial and grid, and non-smart and smart gas meters; heat and water meters and solutions; load control devices; and system deployment, and managed network solutions.

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