Verbund Ag (OTCMKTS:OEZVY) Given Average Rating of “Strong Sell” by Analysts

Verbund Ag (OTCMKTS:OEZVY) has been given an average rating of “Strong Sell” by the five analysts that are presently covering the stock, Marketbeat.com reports. Five investment analysts have rated the stock with a sell recommendation.

Separately, Kepler Capital Markets cut shares of Verbund from a “hold” rating to a “strong sell” rating in a research report on Monday, February 16th.

Verbund Price Performance

Shares of OEZVY opened at $15.25 on Friday. The firm’s fifty day simple moving average is $15.10 and its two-hundred day simple moving average is $15.03. Verbund has a 12 month low of $13.12 and a 12 month high of $17.13.

About Verbund

Verbund AG is Austria’s leading electricity company and one of Europe’s largest producers of hydropower. The company’s core activities encompass the generation, transmission and distribution of electric power, with a focus on renewable energy sources. Verbund operates more than 130 hydropower plants along the Danube, Inn and Enns rivers, supplemented by pumped storage facilities and thermal generation assets. Through its integrated electricity grid, the company supplies power to domestic consumers and industrial clients while also participating in wholesale energy markets across Central Europe.

In addition to its extensive hydropower portfolio, Verbund has expanded into wind, solar and battery storage projects to support Europe’s transition to carbon-neutral energy.