Emera (OTCMKTS:EMRAF) Shares Pass Above 50 Day Moving Average – Here’s What Happened

Emera Incorporated (OTCMKTS:EMRAFGet Free Report)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $45.41 and traded as high as $45.5260. Emera shares last traded at $45.41, with a volume of 27,541 shares trading hands.

Emera Trading Up 1.0%

The business has a fifty day moving average of $45.41 and a 200-day moving average of $45.41.

About Emera

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Emera Inc is a diversified energy and services holding company headquartered in Halifax, Nova Scotia. Through its subsidiaries and affiliates, Emera is engaged in the generation, transmission and distribution of electricity as well as gas distribution and energy infrastructure development. The company’s core businesses include regulated electric utilities, natural gas distribution, and ownership stakes in offshore wind projects and transmission pipelines.

In Canada, Emera operates Nova Scotia Power, the largest electric utility in the province, delivering electricity to residential, commercial and industrial customers.

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