EDP – Energias de Portugal (OTCMKTS:EDPFY) Hits New 12-Month Low – Here’s What Happened

EDP – Energias de Portugal, S.A. (OTCMKTS:EDPFY)’s stock price hit a new 52-week low on Wednesday . The company traded as low as $32.47 and last traded at $32.47, with a volume of 138958 shares traded. The stock had previously closed at $33.46.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein upgraded shares of EDP – Energias de Portugal from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 20th.

EDP – Energias de Portugal Stock Performance

The business has a 50 day simple moving average of $37.61 and a 200-day simple moving average of $40.11.

About EDP – Energias de Portugal

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.