Landis+Gyr Group (OTCMKTS:LDGYY) Stock Price Up 4.9% – Here’s What Happened

Landis+Gyr Group AG (OTCMKTS:LDGYY) shares rose 4.9% on Friday . The company traded as high as $17.50 and last traded at $17.50. Approximately 300 shares changed hands during trading, a decline of 57% from the average daily volume of 700 shares. The stock had previously closed at $16.69.

Landis+Gyr Group Stock Up 4.9%

The business’s 50 day simple moving average is $17.08 and its 200-day simple moving average is $18.95.

Landis+Gyr Group Company Profile

Landis+Gyr Group is a global provider of energy management solutions, specializing in the design, manufacture and support of advanced metering infrastructure (AMI) and grid edge technologies. Its product portfolio includes smart electricity, gas, water and heat meters, as well as data concentrators, communication modules and meter data management software. These solutions enable utilities to automate meter reading, improve billing accuracy, optimize grid performance and engage end-customers with detailed energy usage insights.

Founded in 1896 and headquartered in Switzerland, Landis+Gyr serves more than 3,500 utility customers across over 30 countries in Europe, North America, Asia-Pacific and Latin America.