EDP Renováveis (OTCMKTS:EDRVF) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

EDP Renováveis, S.A. (OTCMKTS:EDRVFGet Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $12.93 and traded as high as $14.89. EDP Renováveis shares last traded at $14.89, with a volume of 371 shares trading hands.

EDP Renováveis Trading Down 0.7%

The company’s fifty day simple moving average is $13.85 and its two-hundred day simple moving average is $12.93.

About EDP Renováveis

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EDP Renováveis SA (OTCMKTS:EDRVF) is a global renewable energy company specializing in the development, construction and operation of wind and solar power projects. As a subsidiary of the Energias de Portugal (EDP) group, the company focuses on delivering clean electricity through onshore and offshore wind farms as well as increasingly integrating photovoltaic installations and energy storage solutions to support grid stability.

Founded as a spin-off from EDP in 2007 and headquartered in Madrid, Spain, EDP Renováveis has established a presence in multiple markets around the world.

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