HSBC reiterated their buy rating on shares of Gamesa Corporacion Tecnologica SA (OTC:GCTAF) in a research report report published on Tuesday morning.

Gamesa Corporacion Tecnologica SA (OTC:GCTAF) opened at 20.883 on Tuesday. The stock’s 50 day moving average price is $21.66 and its 200 day moving average price is $21.41. Gamesa Corporacion Tecnologica SA has a 1-year low of $14.80 and a 1-year high of $24.55. The stock has a market capitalization of $5.78 billion and a PE ratio of 21.844.

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About Gamesa Corporacion Tecnologica SA

Gamesa Corporacion Tecnologica SA is a Spain-based company engaged in the renewable energy equipment manufacture. The Company specializes in the promotion and development of wind farms, as well as the engineering, design, production and sale of wind turbines. Its activities are divided into two business segments: Wind Turbines and Operation and maintenance (O&M).

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