EDP – Energias de Portugal, S.A. (OTCMKTS:ELCPF – Get Free Report)’s stock price rose 5.7% during trading on Thursday . The stock traded as high as $5.03 and last traded at $5.03. Approximately 498 shares traded hands during mid-day trading, a decline of 75% from the average daily volume of 2,000 shares. The stock had previously closed at $4.7575.
EDP – Energias de Portugal Stock Performance
The company’s 50-day simple moving average is $4.70 and its 200 day simple moving average is $4.54.
EDP – Energias de Portugal Company Profile
EDP – Energias de Portugal (OTCMKTS: ELCPF) is a leading European energy company headquartered in Lisbon, Portugal. The firm is engaged in the generation, distribution and supply of electricity and natural gas, operating both conventional power plants and an extensive portfolio of renewable assets. Through its renewables arm, EDP Renováveis, the company develops, constructs and manages wind, solar and hydroelectric projects across multiple continents.
Founded in 1976 following the consolidation of several state-owned utilities, EDP underwent a phased privatization beginning in 1997 and has since expanded its footprint beyond the Iberian Peninsula.
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