Landis+Gyr Group (OTCMKTS:LGYRF) Share Price Breaks Above 200 Day Moving Average – Here’s Why

Landis+Gyr Group AG (OTCMKTS:LGYRF – Get Free Report)’s stock price passed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $60.09 and traded as high as $70.41. Landis+Gyr Group shares last traded at $70.00, with a volume of 296 shares.

Landis+Gyr Group Price Performance

The business has a 50-day moving average of $55.44 and a 200 day moving average of $60.09.

About Landis+Gyr Group

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Landis+Gyr Group AG is a Switzerland-based provider of integrated energy management solutions for utilities. The company helps electricity and gas providers measure, manage and optimize energy consumption through smart metering, communications networks and related software.

Its products and services include advanced metering infrastructure, smart electricity and gas meters, grid-edge devices, data management platforms and analytics. These technologies support remote meter reading, demand management, grid monitoring, distributed energy resources and other utility functions associated with the modernization of energy networks.

Landis+Gyr serves utility customers and energy market participants across North America, Europe and the Asia-Pacific region.

Further Reading

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