EDF (ECIFY) Upgraded to “Hold” at Zacks Investment Research

EDF (NASDAQ:ECIFY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Monday.

A number of other equities analysts also recently weighed in on the stock. Goldman Sachs Group Inc reaffirmed a “neutral” rating on shares of EDF in a research note on Monday. HSBC Holdings plc raised shares of EDF from a “reduce” rating to a “hold” rating in a research note on Wednesday, January 25th.

EDF (NASDAQ:ECIFY) traded down 1.72% during trading on Monday, reaching $1.71. The company had a trading volume of 107,199 shares. The firm’s 50 day moving average price is $1.88 and its 200 day moving average price is $2.11. The firm has a market capitalization of $18.01 billion and a PE ratio of 7.08. EDF has a 12-month low of $1.63 and a 12-month high of $2.87.

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