Energias de Portugal (OTCMKTS:EDPFY) Stock Price Passes Above 200-Day Moving Average – What’s Next?

Energias de Portugal (OTCMKTS:EDPFYGet Free Report)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $44.75 and traded as high as $45.1206. Energias de Portugal shares last traded at $45.0550, with a volume of 18,640 shares.

Wall Street Analyst Weigh In

Separately, Zacks Research cut shares of Energias de Portugal from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 21st. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Get Our Latest Research Report on EDPFY

Energias de Portugal Stock Up 1.7%

The firm has a 50 day simple moving average of $47.54 and a two-hundred day simple moving average of $44.75.

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.

Further Reading

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