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EDP - Energias de Portugal (OTCMKTS:EDPFY) Stock Passes 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) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $34.15 and traded as high as $39.72. EDP - Energias de Portugal shares last traded at $39.40, with a volume of 17,188 shares trading hands.

Analysts Set New Price Targets

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

View Our Latest Research Report on EDPFY

EDP - Energias de Portugal Price Performance

The company has a 50 day moving average price of $36.00 and a 200 day moving average price of $34.15.

About EDP - 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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