Light S.A. (OTCMKTS:LGSXY – Get Free Report) traded up 16.7% on Thursday . The stock traded as high as $1.03 and last traded at $0.98. 1,160 shares were traded during trading, a decline of 29% from the average session volume of 1,635 shares. The stock had previously closed at $0.84.
Light Stock Performance
The stock has a 50-day simple moving average of $0.88 and a 200 day simple moving average of $0.94.
Light Company Profile
Light SA, trading over-the-counter as LGSXY, is a Brazil-based integrated electric utility primarily active in the state of Rio de Janeiro. The company holds long-term distribution concessions covering dozens of municipalities, supplying power to millions of residential, commercial and industrial customers. Headquartered in Rio de Janeiro city, Light maintains a network of high- and medium-voltage lines, substations and metering infrastructure to ensure reliable service across its concession area.
In addition to its core distribution business, Light develops and operates a portfolio of hydroelectric generation assets located in southeastern Brazil.
Further Reading
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