Emera (OTCMKTS:EMRAF) Shares Pass Above Fifty Day Moving Average – Should You Sell?

Emera Incorporated (OTCMKTS:EMRAFGet Free Report) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $45.41 and traded as high as $45.5260. Emera shares last traded at $45.41, with a volume of 27,541 shares changing hands.

Emera Price Performance

The business’s 50-day moving average price is $45.41 and its 200 day moving average price is $45.41.

Emera Company Profile

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Emera Inc is a diversified energy and services holding company headquartered in Halifax, Nova Scotia. Through its subsidiaries and affiliates, Emera is engaged in the generation, transmission and distribution of electricity as well as gas distribution and energy infrastructure development. The company’s core businesses include regulated electric utilities, natural gas distribution, and ownership stakes in offshore wind projects and transmission pipelines.

In Canada, Emera operates Nova Scotia Power, the largest electric utility in the province, delivering electricity to residential, commercial and industrial customers.

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