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EDP - Energias de Portugal (OTCMKTS:EDPFY) Shares Cross Above Two Hundred Day Moving Average - Here's What Happened

EDP - Energias de Portugal logo with Utilities background

EDP - Energias de Portugal, S.A. (OTCMKTS:EDPFY - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $34.56 and traded as high as $41.98. EDP - Energias de Portugal shares last traded at $41.71, with a volume of 13,529 shares changing hands.

Analysts Set New Price Targets

Separately, HSBC raised shares of EDP - Energias de Portugal to a "buy" rating in a research report on Friday, May 16th.

Read Our Latest Research Report on EDP - Energias de Portugal

EDP - Energias de Portugal Stock Down 1.1%

The stock has a fifty day simple moving average of $38.03 and a 200-day simple moving average of $34.56.

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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