Iberdrola, S.A. (OTCMKTS:IBDRY) was the target of a large decline in short interest in the month of September. As of September 30th, there was short interest totalling 9,100 shares, a decline of 55.6% from the September 15th total of 20,500 shares. Based on an average trading volume of 265,900 shares, the days-to-cover ratio is presently 0.0 days.
OTCMKTS:IBDRY traded up $1.03 during midday trading on Thursday, hitting $44.17. The company had a trading volume of 87,955 shares, compared to its average volume of 95,267. Iberdrola has a 52-week low of $40.09 and a 52-week high of $61.52. The stock’s fifty day moving average price is $46.36 and its 200-day moving average price is $50.33. The company has a market capitalization of $70.30 billion, a PE ratio of 17.88 and a beta of 0.44. The company has a quick ratio of 0.70, a current ratio of 0.86 and a debt-to-equity ratio of 0.65.
Iberdrola (OTCMKTS:IBDRY) last announced its earnings results on Wednesday, July 21st. The utilities provider reported $0.41 earnings per share (EPS) for the quarter. Iberdrola had a net margin of 9.29% and a return on equity of 7.22%. The company had revenue of $10.44 billion during the quarter. As a group, research analysts forecast that Iberdrola will post 2.55 earnings per share for the current year.
Iberdrola Company Profile
Iberdrola SA is a holding company, which engages in the generation, distribution, trading, and marketing of electricity. It operates through the following businesses: Networks, Liberalized, Renewables and Other Businesses. The Networks business engages in the transmission and distribution of energy businesses, as well as those of any other regulated nature, originating in Spain, the United Kingdom, the United States and Brazil.
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