EDP – Energias de Portugal (OTCMKTS:EDPFY) Stock Passes Above 200 Day Moving Average – Time to Sell?

EDP – Energias de Portugal, S.A. (OTCMKTS:EDPFYGet Free Report)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $34.82 and traded as high as $36.26. EDP – Energias de Portugal shares last traded at $35.98, with a volume of 24,578 shares traded.

Analysts Set New Price Targets

Separately, Barclays cut EDP – Energias de Portugal from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 9th.

Get Our Latest Stock Analysis on EDPFY

EDP – Energias de Portugal Stock Up 1.1 %

The firm’s 50 day moving average is $33.09 and its 200 day moving average is $34.83.

About EDP – Energias de Portugal

(Get Free Report)

EDP – Energias de Portugal, SA engages in the generation, transmission, distribution, and supply of electricity in Portugal, Spain, France, Poland, Romania, Italy, Belgium, the United Kingdom, Greece, Colombia, Brazil, North America, and internationally. It operates through Renewables, Networks, and Client Solutions & Energy Management segments.

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