EDP – Energias de Portugal (OTCMKTS:EDPFY) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

Shares of EDP – Energias de Portugal, S.A. (OTCMKTS:EDPFYGet Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $39.54 and traded as low as $31.75. EDP – Energias de Portugal shares last traded at $32.18, with a volume of 99,372 shares changing hands.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein upgraded EDP – Energias de Portugal from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 20th.

View Our Latest Analysis on EDP – Energias de Portugal

EDP – Energias de Portugal Stock Up 1.1 %

The business has a 50 day moving average of $35.51 and a two-hundred day moving average of $39.49.

EDP – Energias de Portugal Company Profile

(Get Free Report)

EDP – Energias de Portugal, SA engages in the generation, transmission, distribution, and supply of electricity in Portugal, Spain, France, Poland, Romania, Italy, Belgium, the United Kingdom, Greece, Colombia, Brazil, North America, and internationally. It operates through Renewables, Networks, and Client Solutions & Energy Management segments.

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