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

EDP – Energias de Portugal, S.A. (OTCMKTS:EDPFYGet Free Report)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $34.56 and traded as high as $41.98. EDP – Energias de Portugal shares last traded at $41.71, with a volume of 13,529 shares.

Wall Street Analysts Forecast Growth

Separately, HSBC upgraded shares of EDP – Energias de Portugal to a “buy” rating in a research note on Friday, May 16th.

Check Out Our Latest Analysis on EDP – Energias de Portugal

EDP – Energias de Portugal Stock Performance

The company’s 50 day moving average is $38.22 and its 200 day moving average is $34.59.

About EDP – Energias de Portugal

(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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