Iren SpA (OTCMKTS:IRDEY – Get Free Report) shares dropped 3.5% during mid-day trading on Monday . The company traded as low as $28.95 and last traded at $28.95. 100 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 1,000 shares. The stock had previously closed at $30.00.
Iren Stock Performance
The firm’s 50 day simple moving average is $29.66 and its 200 day simple moving average is $30.70.
About Iren
Iren SpA, together with its subsidiaries, operates as a multi-utility company in Italy. It operates through Networks, Waste Management, Energy, Market, and Other Services segments. The company produces and distributes electricity primarily from hydroelectric, thermoelectric, cogeneration, and other renewables, as well as distributes natural gas. It distributes electrical energy through 7,872 kilometers of medium and low voltage networks to approximately 729,000 connected users; and natural gas through its network of approximately 8,160 kilometers of high, medium, and low-pressure pipes to approximately 738,000 customers.
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