Landis+Gyr Group (OTCMKTS:LGYRF) Trading Down 8.6% – Here’s What Happened

Landis+Gyr Group AG (OTCMKTS:LGYRF)’s share price was down 8.6% during mid-day trading on Friday . The company traded as low as $63.17 and last traded at $63.17. Approximately 154 shares traded hands during mid-day trading, a decline of 58% from the average daily volume of 365 shares. The stock had previously closed at $69.10.

Landis+Gyr Group Stock Performance

The firm’s 50-day moving average price is $67.20 and its 200 day moving average price is $68.75.

Landis+Gyr Group Company Profile

Landis+Gyr Group is a global provider of integrated energy management solutions tailored to the utility industry. The company specializes in the design, manufacture and deployment of smart meters for electric, gas and heat utilities, offering a portfolio that extends to grid edge intelligence, IoT connectivity and advanced metering infrastructure. By combining hardware devices with end-to-end software solutions, Landis+Gyr enables utilities to optimize operational efficiency, enhance grid reliability and deliver real-time data analytics.

Founded in 1896 and headquartered in Zug, Switzerland, Landis+Gyr has evolved alongside the energy sector, pioneering innovations in metering and grid automation.