Shares of EDP Renováveis, S.A. (OTCMKTS:EDRVF – Get Free Report) rose 13.2% on Wednesday . The stock traded as high as $15.05 and last traded at $15.00. Approximately 379 shares traded hands during trading, a decline of 95% from the average daily volume of 7,917 shares. The stock had previously closed at $13.2555.
EDP Renováveis Price Performance
The stock has a fifty day simple moving average of $13.85 and a 200-day simple moving average of $12.78.
About EDP Renováveis
EDP Renováveis SA (OTCMKTS:EDRVF) is a global renewable energy company specializing in the development, construction and operation of wind and solar power projects. As a subsidiary of the Energias de Portugal (EDP) group, the company focuses on delivering clean electricity through onshore and offshore wind farms as well as increasingly integrating photovoltaic installations and energy storage solutions to support grid stability.
Founded as a spin-off from EDP in 2007 and headquartered in Madrid, Spain, EDP Renováveis has established a presence in multiple markets around the world.
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