Light (OTCMKTS:LGSXY) Stock Price Up 4.8% – Here’s Why

by · The Markets Daily

Light S.A. (OTCMKTS:LGSXY – Get Free Report)’s share price shot up 4.8% during trading on Thursday . The company traded as high as $0.8908 and last traded at $0.8908. 193 shares were traded during mid-day trading, a decline of 98% from the average session volume of 12,503 shares. The stock had previously closed at $0.85.

Light Stock Up 4.8%

The stock has a 50 day simple moving average of $1.03 and a 200 day simple moving average of $1.09.

About Light

(Get Free Report)

Light SA, together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electric power in Brazil. The company distributes electricity in the state of Rio de Janeiro. It also engages in the research, planning, building, operation, and exploration of generation and transmission systems; purchase, sale, import, and export of electric and thermal power, and gas and industrial utilities; provision of consulting services in the energy sector; lease of real estate and personal properties; acquisition and sale of goods related to the studies and projects; implementation, operation, and maintenance of construction works and facilities; and trading activities.

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