EDP – Energias de Portugal (OTCMKTS:EDPFY) Stock Price Crosses Above Two Hundred Day Moving Average of $47.78

EDP – Energias de Portugal, S.A. (OTCMKTS:EDPFY – Get Rating) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $47.78 and traded as high as $52.31. EDP – Energias de Portugal shares last traded at $52.25, with a volume of 32,435 shares.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft cut EDP – Energias de Portugal from a “buy” rating to a “hold” rating in a report on Friday, January 13th.

EDP – Energias de Portugal Stock Performance

The stock has a market capitalization of $20.61 billion, a price-to-earnings ratio of 26.93, a P/E/G ratio of 1.40 and a beta of 0.63. The business has a 50-day moving average of $49.31 and a 200-day moving average of $47.78.

About EDP – Energias de Portugal

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EDP-Energias de Portugal SA engages in the generation, transmission, distribution and supply of electricity and supply of gas. It operates through the following segments: Renewables, Networks, and Client Solutions & Energy Management. The Renewables segment engages in generation of electricity through renewable energy sources.