Iberdrola (OTCMKTS:IBDRY) Sets New 12-Month High – Still a Buy?

Iberdrola, S.A. (OTCMKTS:IBDRY)’s share price reached a new 52-week high during trading on Friday . The company traded as high as $62.65 and last traded at $62.50, with a volume of 55852 shares. The stock had previously closed at $61.58.

Analysts Set New Price Targets

Separately, Royal Bank of Canada upgraded Iberdrola to a “hold” rating in a research note on Monday, December 2nd.

Iberdrola Stock Up 1.5 %

The company has a debt-to-equity ratio of 0.67, a current ratio of 0.79 and a quick ratio of 0.69. The stock has a market capitalization of $100.63 billion, a P/E ratio of 14.30, a price-to-earnings-growth ratio of 1.79 and a beta of 0.88. The firm has a 50 day moving average of $57.14 and a 200-day moving average of $57.72.

Iberdrola Company Profile

Iberdrola, SA engages in the generation, transmission, distribution, and supply of electricity in Spain, the United Kingdom, the United States, Mexico, Brazil, Germany, France, and Australia. It generates electricity from renewable sources, such as onshore and offshore wind, hydro, photovoltaic, combined cycle gas, and conventional nuclear, as well as through batteries.