Energias de Portugal (OTCMKTS:EDPFY) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Shares of Energias de Portugal (OTCMKTS:EDPFYGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $40.07 and traded as high as $46.22. Energias de Portugal shares last traded at $46.05, with a volume of 12,913 shares.

Analyst Ratings Changes

Separately, Zacks Research downgraded Energias de Portugal from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Check Out Our Latest Analysis on Energias de Portugal

Energias de Portugal Stock Up 1.0%

The stock’s fifty day simple moving average is $44.21 and its 200-day simple moving average is $40.07.

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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