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Energias de Portugal (OTCMKTS:EDPFY) Shares Cross Above 200-Day Moving Average - Time to Sell?

EDP - Energias de Portugal logo with Utilities background

Energias de Portugal (OTCMKTS:EDPFY - Get Free Report)'s stock price crossed 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. Energias de Portugal shares last traded at $41.71, with a volume of 13,529 shares traded.

Analysts Set New Price Targets

Separately, HSBC upgraded Energias de Portugal to a "buy" rating in a report on Friday, May 16th.

Get Our Latest Stock Analysis on EDPFY

Energias de Portugal Trading Down 1.5%

The business's fifty day moving average price is $38.41 and its 200-day moving average price is $34.62.

About Energias de Portugal

(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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