Emera (OTCMKTS:EMRAF) Stock Price Passes Above Fifty Day Moving Average – Here’s What Happened

Emera Incorporated (OTCMKTS:EMRAFGet Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $44.58 and traded as high as $45.53. Emera shares last traded at $45.41, with a volume of 27,541 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Desjardins assumed coverage on Emera in a research note on Tuesday, May 6th. They issued a “hold” rating on the stock.

Check Out Our Latest Research Report on EMRAF

Emera Stock Up 1.0%

The firm has a 50 day moving average price of $44.58 and a two-hundred day moving average price of $41.17.

Emera Company Profile

(Get Free Report)

Emera Incorporated, through its subsidiaries, engages in the generation, transmission, and distribution of electricity to various customers. The company operates through Florida Electric Utility, Canadian Electric Utilities, Other Electric Utilities, Gas Utilities and Infrastructure, and Other segments.

Further Reading

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