Ørsted A/S (OTCMKTS:DNNGY) Shares Gap Down – Here’s What Happened

Ørsted A/S (OTCMKTS:DNNGY – Get Free Report)’s share price gapped down before the market opened on Wednesday. The stock had previously closed at $6.52, but opened at $6.22. Ørsted A/S shares last traded at $6.18, with a volume of 14,408 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada raised Ørsted A/S to a “moderate buy” rating in a research report on Tuesday, September 1st. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Ørsted A/S presently has an average rating of “Moderate Buy”.

Check Out Our Latest Stock Report on DNNGY

Ørsted A/S Price Performance

The company’s 50 day simple moving average is $6.95 and its 200 day simple moving average is $7.66.

About Ørsted A/S

(Get Free Report)

Ørsted A/S is a Denmark-based renewable energy company focused primarily on developing, constructing, owning and operating offshore wind farms. The company also develops onshore wind and solar projects, battery storage facilities and other renewable energy infrastructure. Its activities include project development, engineering, construction, operations and maintenance, and the sale of renewable power.

The company was formerly known as DONG Energy and historically operated across oil, natural gas and conventional energy activities.

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