Light (OTCMKTS:LGSXY) Stock Price Down 0.6% – Here’s Why

Light S.A. (OTCMKTS:LGSXYGet Free Report)’s share price fell 0.6% on Tuesday . The stock traded as low as $0.86 and last traded at $0.86. 12,673 shares were traded during trading, an increase of 449% from the average session volume of 2,309 shares. The stock had previously closed at $0.8650.

Light Price Performance

The stock’s 50-day simple moving average is $0.93 and its 200-day simple moving average is $1.02.

About Light

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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.

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