Light (OTCMKTS:LGSXY) Shares Down 12.5% – Time to Sell?

Light S.A. (OTCMKTS:LGSXYGet Free Report)’s share price was down 12.5% during mid-day trading on Tuesday . The stock traded as low as $0.8140 and last traded at $0.8140. Approximately 346 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 1,813 shares. The stock had previously closed at $0.93.

Light Trading Up 2.3%

The company has a fifty day moving average price of $0.89 and a two-hundred day moving average price of $0.97.

Light Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Light Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Light and related companies with MarketBeat.com's FREE daily email newsletter.