Iberdrola (OTCMKTS:IBDSF) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

Iberdrola, S.A. (OTCMKTS:IBDSFGet Free Report)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $14.17 and traded as low as $13.65. Iberdrola shares last traded at $13.85, with a volume of 9,959 shares trading hands.

Iberdrola Stock Up 0.7 %

The company has a 50 day moving average of $14.01 and a two-hundred day moving average of $14.17.

About Iberdrola

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Iberdrola, SA engages in the generation, transmission, distribution, and supply of electricity in Spain, the United Kingdom, the United States, Mexico, Brazil, Germany, France, and Australia. It generates electricity from renewable sources, such as onshore and offshore wind, hydro, photovoltaic, combined cycle gas, and conventional nuclear, as well as through batteries.

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