EDP – Energias de Portugal (OTCMKTS:EDPFY) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

EDP – Energias de Portugal, S.A. (OTCMKTS:EDPFY) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $39.54 and traded as low as $31.75. EDP – Energias de Portugal shares last traded at $32.18, with a volume of 99,372 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein raised EDP – Energias de Portugal from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 20th.

EDP – Energias de Portugal Stock Performance

The company’s 50-day moving average price is $35.68 and its 200 day moving average price is $39.54.

EDP – Energias de Portugal Company Profile

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.