Ørsted A/S (OTCMKTS:DNNGY – Get Free Report) shares dropped 2.5% on Thursday . The company traded as low as $7.30 and last traded at $7.36. Approximately 236,957 shares traded hands during trading, an increase of 34% from the average daily volume of 177,441 shares. The stock had previously closed at $7.55.
Ørsted A/S Price Performance
The stock’s 50-day moving average price is $7.31 and its 200-day moving average price is $9.03.
Ørsted A/S Company Profile
Ørsted A/S (OTCMKTS:DNNGY) is a Denmark-based renewable energy company that specializes in the development, construction and operation of offshore wind farms. Formerly known as DONG Energy until its rebranding in 2017 to honor Danish scientist Hans Christian Ørsted, the company has grown into a global leader in offshore wind power and green energy solutions.
The company’s core activities include the full lifecycle management of offshore wind projects, encompassing site identification, engineering, turbine installation and long-term operations and maintenance.
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