Shares of EDP – Energias de Portugal, S.A. (OTCMKTS:ELCPF – Get Free Report) rose 8.6% during mid-day trading on Thursday . The company traded as high as $5.2350 and last traded at $5.2350. Approximately 1,566 shares changed hands during mid-day trading, a decline of 95% from the average daily volume of 33,864 shares. The stock had previously closed at $4.8225.
EDP – Energias de Portugal Stock Down 0.5%
The business has a 50 day moving average price of $5.11 and a 200-day moving average price of $4.78.
About EDP – Energias de Portugal
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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