Energias de Portugal (OTCMKTS:EDPFY – Get Free Report) shares gapped down prior to trading on Tuesday. The stock had previously closed at $55.04, but opened at $52.88. Energias de Portugal shares last traded at $52.97, with a volume of 642 shares traded.
Analyst Ratings Changes
Separately, Zacks Research raised Energias de Portugal from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 7th. Two equities research analysts have rated the stock with a Strong Buy rating. According to data from MarketBeat.com, the stock currently has an average rating of “Strong Buy”.
Check Out Our Latest Stock Analysis on EDPFY
Energias de Portugal Stock Down 0.9%
The stock has a fifty day moving average of $54.21 and a 200-day moving average of $52.85.
About Energias de Portugal
Energias de Portugal, SA (EDP) is a Portugal-based integrated energy company engaged in electricity generation, transmission and distribution, and energy supply. The company serves residential, commercial and industrial customers and provides electricity and related energy services through regulated networks and competitive retail operations.
EDP has a significant focus on renewable energy, including wind, solar, hydroelectric and other clean-energy generation assets. Through its renewable-energy subsidiary, EDP Renewables, the company develops, owns and operates renewable power projects in multiple markets.
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