Shares of Energias de Portugal (OTCMKTS:EDPFY – Get Free Report) saw an uptick in trading volume on Monday . Approximately 51,570 shares changed hands during mid-day trading, an increase of 121% from the previous session’s volume of 23,384 shares.The stock last traded at $53.2150 and had previously closed at $55.48.
Wall Street Analysts Forecast Growth
Separately, Citigroup raised shares of Energias de Portugal to a “strong-buy” rating in a research report on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Energias de Portugal presently has a consensus rating of “Buy”.
Read Our Latest Research Report on Energias de Portugal
Energias de Portugal Stock Down 4.0%
About Energias de Portugal
Energias de Portugal, SA (OTCMKTS:EDPFY), commonly known as EDP, is an integrated electric utility headquartered in Portugal. The company develops, owns and operates power-generation facilities and supplies electricity and related energy services to residential, commercial and industrial customers.
EDP has increasingly focused on renewable energy, including wind, solar and hydroelectric generation, while also providing energy-management, distributed-generation and electric-mobility solutions.
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