Landis+Gyr Group (OTCMKTS:LDGYY) Shares Climb 25% – Here’s What Happened

Landis+Gyr Group AG (OTCMKTS:LDGYY – Get Free Report)’s share price was up 25% during mid-day trading on Friday. The stock traded as high as $17.50 and last traded at $17.50. 750 shares were traded during trading, an increase of 70% from the average session volume of 440 shares. The stock had previously closed at $14.00.

Landis+Gyr Group Trading Up 25.0%

The stock’s 50-day moving average is $14.28 and its 200-day moving average is $15.54.

About Landis+Gyr Group

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Landis+Gyr Group AG is a Switzerland-based provider of integrated energy-management solutions for utilities and other energy-service organizations. The company develops technologies that help utilities measure, manage and optimize electricity consumption and distribution across the energy grid.

Its products and services include smart electricity meters, advanced metering infrastructure, communications networks, data-management platforms and software for grid monitoring and control. Landis+Gyr also provides solutions that support demand response, distributed energy resources, electric-vehicle charging and broader grid modernization initiatives.

Founded in 1896, Landis+Gyr has a long history in energy metering and serves utility customers in North America, Europe and the Asia-Pacific region.

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