Shares of EDP Renováveis, S.A. (OTCMKTS:EDRVF – Get Free Report) crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $15.86 and traded as low as $13.9258. EDP Renováveis shares last traded at $14.08, with a volume of 4,136 shares traded.
EDP Renováveis Stock Performance
The stock’s 50-day moving average is $15.43 and its 200 day moving average is $15.85.
About EDP Renováveis
EDP Renováveis, SA (OTCMKTS:EDRVF) is a renewable energy company focused on developing, building, owning and operating clean power generation assets. Its activities include onshore wind, solar photovoltaic and battery storage projects, as well as participation in offshore wind opportunities through partnerships and development initiatives.
Founded in 2007 as part of the EDP Group, the company has expanded its renewable energy operations across Europe, North America, South America and selected markets in the Asia-Pacific region.
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