Iberdrola (OTCMKTS:IBDSF) Stock Crosses Below 200-Day Moving Average – Here’s Why

Iberdrola, S.A. (OTCMKTS:IBDSFGet Free Report)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $14.08 and traded as low as $13.73. Iberdrola shares last traded at $13.76, with a volume of 6,467 shares traded.

Iberdrola Price Performance

The firm’s 50-day moving average is $14.30 and its 200 day moving average is $14.09.

Iberdrola Company Profile

(Get Free Report)

Iberdrola, SA engages in the generation, transmission, distribution, and supply of electricity in Spain, the United Kingdom, the United States, Mexico, Brazil, Germany, France, and Australia. It generates electricity from renewable sources, such as onshore and offshore wind, hydro, photovoltaic, combined cycle gas, and conventional nuclear, as well as through batteries.

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