Citigroup Lowers Neoen (OTCMKTS:NOSPF) to Sell

Neoen (OTCMKTS:NOSPFGet Rating) was downgraded by equities research analysts at Citigroup from a “neutral” rating to a “sell” rating in a research report issued on Friday, The Fly reports.

Separately, Morgan Stanley downgraded shares of Neoen from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, July 19th.

Neoen Price Performance

OTCMKTS NOSPF opened at $38.92 on Friday. The company has a fifty day simple moving average of $38.92 and a 200 day simple moving average of $38.92. Neoen has a 12-month low of $38.92 and a 12-month high of $45.50.

Neoen Company Profile

(Get Rating)

Neoen SA, an independent renewable energy production company, engages in the design, development, finance, construction project management, and operation of renewable energy power plants. The company operates solar, wind, and energy storage plants. It operates in Argentina, Ecuador, El Salvador, Jamaica, Mexico, the United States, Finland, France, Ireland, Mozambique, Portugal, Zambia, Sweden, Croatia, and Australia.

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