Shares of EDP Renovaveis SA (OTCMKTS:EDRVF) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $10.22 and traded as high as $11.33. EDP Renovaveis shares last traded at $11.33, with a volume of 254 shares.
Separately, Barclays assumed coverage on shares of EDP Renovaveis in a research report on Friday, September 27th. They set an “equal weight” rating for the company.
The business’s 50-day moving average is $10.65 and its 200-day moving average is $10.23.
EDP Renováveis, SA, a renewable energy company, plans, constructs, and maintains electricity production facilities primarily in Spain. The company operates wind farms and solar plants to generate and deliver clean electricity. It also has operations in Portugal, Belgium, France, Italy, the Netherlands, Poland, Romania, the United Kingdom, Greece, the United States, Canada, Mexico, and Brazil.
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