Shares of Light S.A. (OTCMKTS:LGSXY – Get Free Report) dropped 0.8% on Wednesday . The company traded as low as $1.21 and last traded at $1.23. 8,377 shares traded hands during trading, an increase of 53% from the average session volume of 5,469 shares. The stock had previously closed at $1.24.
Light Price Performance
The business has a fifty day simple moving average of $0.60 and a 200 day simple moving average of $0.80.
Light Company Profile
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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