Iberdrola (OTCMKTS:IBDSF) Shares Pass Below 200-Day Moving Average – Time to Sell?

Shares of Iberdrola, S.A. (OTCMKTS:IBDSFGet Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $14.08 and traded as low as $13.73. Iberdrola shares last traded at $13.76, with a volume of 6,467 shares changing hands.

Iberdrola Stock Performance

The firm’s 50 day simple moving average is $14.36 and its 200-day simple moving average is $14.08.

Iberdrola Company Profile

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Iberdrola, SA engages in the generation, transmission, distribution, and supply of electricity in Spain, the United Kingdom, the United States, Mexico, Brazil, Germany, France, and Australia. It generates electricity from renewable sources, such as onshore and offshore wind, hydro, photovoltaic, combined cycle gas, and conventional nuclear, as well as through batteries.

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