EDP – Energias de Portugal (OTCMKTS:EDPFY) Sets New 12-Month Low – What’s Next?

EDP – Energias de Portugal, S.A. (OTCMKTS:EDPFYGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $31.62 and last traded at $32.92, with a volume of 126337 shares trading hands. The stock had previously closed at $32.61.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein raised EDP – Energias de Portugal from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 20th.

Read Our Latest Analysis on EDPFY

EDP – Energias de Portugal Stock Performance

The stock’s 50 day moving average is $36.81 and its two-hundred day moving average is $39.86.

EDP – 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.

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