EDP-Energias de Portugal, S.A (OTCMKTS:EDPFY)’s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $41.14 and last traded at $41.07, with a volume of 2420 shares changing hands. The stock had previously closed at $40.20.
Separately, JPMorgan Chase & Co. upgraded shares of EDP-Energias de Portugal, S.A from a “neutral” rating to an “overweight” rating in a research note on Sunday, October 20th.
The company has a current ratio of 0.89, a quick ratio of 0.86 and a debt-to-equity ratio of 1.03. The business’s fifty day simple moving average is $39.26 and its two-hundred day simple moving average is $38.11. The stock has a market capitalization of $14.56 billion, a P/E ratio of 24.30, a P/E/G ratio of 3.45 and a beta of 0.45.
EDP – Energias de Portugal, SA generates, distributes, and supplies electricity in Portugal, Spain, France, Poland, Romania, Brazil, and the United States. It operates through Generation and Supply in Iberia, Regulated Networks in Iberia, EDP Renováveis, and EDP Brasil segments. The company primarily generates electricity through hydro, CCGT, coal, mini-hydro, wind, solar, nuclear, and cogeneration sources.
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