EDP Renovaveis SA (OTCMKTS:EDRVF) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $10.05 and traded as high as $10.83. EDP Renovaveis shares last traded at $10.83, with a volume of 1,200 shares trading hands.
Separately, Barclays started coverage on shares of EDP Renovaveis in a research report on Friday, September 27th. They set an “equal weight” rating on the stock.
The company’s 50-day simple moving average is $10.19 and its 200 day simple moving average is $10.06.
EDP Renováveis, SA, a renewable energy company, plans, constructs, and maintains electricity production facilities primarily in Spain. The company operates wind farms and solar plants to generate and deliver clean electricity. It also has operations in Portugal, Belgium, France, Italy, the Netherlands, Poland, Romania, the United Kingdom, Greece, the United States, Canada, Mexico, and Brazil.
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