EDP-Energias de Portugal, S.A (OTCMKTS:EDPFY) Sets New 1-Year High at $43.82

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EDP-Energias de Portugal, S.A (OTCMKTS:EDPFY)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as $43.82 and last traded at $43.82, with a volume of 4364 shares. The stock had previously closed at $43.55.

Several research analysts have recently issued reports on EDPFY shares. Zacks Investment Research upgraded shares of EDP-Energias de Portugal, S.A from a “sell” rating to a “hold” rating and set a $48.00 target price for the company in a report on Friday, January 3rd. JPMorgan Chase & Co. upgraded shares of EDP-Energias de Portugal, S.A from a “neutral” rating to an “overweight” rating in a research note on Sunday, October 20th.

The firm has a fifty day simple moving average of $41.89 and a 200-day simple moving average of $39.53. The company has a market cap of $15.65 billion, a PE ratio of 25.93, a price-to-earnings-growth ratio of 3.09 and a beta of 0.47. The company has a quick ratio of 0.32, a current ratio of 0.39 and a debt-to-equity ratio of 1.09.

About EDP-Energias de Portugal, S.A (OTCMKTS:EDPFY)

EDP – Energias de Portugal, SA generates, distributes, and supplies electricity in Portugal, Spain, France, Poland, Romania, Brazil, and the United States. It operates through Generation and Supply in Iberia, Regulated Networks in Iberia, EDP Renováveis, and EDP Brasil segments. The company primarily generates electricity through hydro, CCGT, coal, mini-hydro, wind, solar, nuclear, and cogeneration sources.

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