Landis+Gyr Group (OTCMKTS:LDGYY) Shares Down 15% – Time to Sell?

Landis+Gyr Group AG (OTCMKTS:LDGYYGet Free Report) shares fell 15% during mid-day trading on Wednesday . The stock traded as low as $12.75 and last traded at $12.75. 255 shares changed hands during trading, an increase of 19% from the average daily volume of 214 shares. The stock had previously closed at $15.00.

Landis+Gyr Group Stock Performance

The stock has a fifty day moving average price of $15.30 and a 200 day moving average price of $16.60.

Landis+Gyr Group Company Profile

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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.

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