Shares of Landis+Gyr Group AG (OTCMKTS:LDGYY – Get Free Report) dropped 17.4% during mid-day trading on Wednesday . The stock traded as low as $16.69 and last traded at $16.69. Approximately 851 shares traded hands during mid-day trading, an increase of 29% from the average daily volume of 659 shares. The stock had previously closed at $20.20.
Landis+Gyr Group Stock Down 17.4%
The stock’s fifty day moving average is $19.31 and its 200-day moving average is $18.91.
About Landis+Gyr Group
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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