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Energias de Portugal (OTCMKTS:EDPFY) Stock Passes Above Two Hundred Day Moving Average - Time to Sell?

Energias de Portugal logo with Utilities background

Energias de Portugal (OTCMKTS:EDPFY - Get Free Report)'s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $42.56 and traded as high as $51.73. Energias de Portugal shares last traded at $51.43, with a volume of 12,845 shares trading hands.

Analysts Set New Price Targets

Separately, Zacks Research lowered Energias de Portugal from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy".

View Our Latest Report on EDPFY

Energias de Portugal Trading Down 0.7%

The business has a 50-day moving average price of $46.36 and a 200-day moving average price of $42.56.

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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