Iberdrola, S.A. (OTCMKTS:IBDSF – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $23.25 and traded as high as $24.00. Iberdrola shares last traded at $23.37, with a volume of 9,404 shares.
Iberdrola Stock Down 2.3%
The company’s 50 day simple moving average is $23.85 and its 200-day simple moving average is $23.25.
Iberdrola Company Profile
Iberdrola (OTCMKTS:IBDSF) is a Spanish multinational electric utility company with core activities spanning the generation, transmission and distribution of electricity. The company has established itself as a global leader in renewable energy, particularly wind power, and maintains a diversified portfolio that includes hydroelectric, solar and conventional thermal generation assets. In addition to power generation, Iberdrola provides integrated energy services and solutions for residential, commercial and industrial customers.
The company’s operations extend across Europe, North America and Latin America.
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