Iberdrola, S.A. (OTCMKTS:IBDSF – Get Free Report)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $20.79 and traded as high as $22.00. Iberdrola shares last traded at $22.00, with a volume of 11,305 shares trading hands.
Iberdrola Trading Up 3.3%
The company has a 50 day simple moving average of $20.79 and a 200 day simple moving average of $19.39.
Iberdrola Company Profile
Iberdrola (OTCMKTS:IBDSF) is a Spanish multinational electric utility company with core activities spanning the generation, transmission and distribution of electricity. The company has established itself as a global leader in renewable energy, particularly wind power, and maintains a diversified portfolio that includes hydroelectric, solar and conventional thermal generation assets. In addition to power generation, Iberdrola provides integrated energy services and solutions for residential, commercial and industrial customers.
The company’s operations extend across Europe, North America and Latin America.
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