Engie (EPA:ENGI) Shares Cross Above 200 Day Moving Average – Should You Sell?

Shares of Engie SA (EPA:ENGIGet Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €15.19 ($16.51) and traded as high as €15.47 ($16.81). Engie shares last traded at €15.42 ($16.76), with a volume of 7,722,540 shares trading hands.

Engie Stock Performance

The stock’s 50-day simple moving average is €15.75 and its two-hundred day simple moving average is €15.19.

About Engie

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ENGIE SA engages in the power, natural gas, and energy services businesses. It operates through Renewables, Networks, Energy Solutions, FlexGen, Retail, Nuclear, and Others segments. The Renewables segment comprises renewable energy generation activities, including financing, construction, operation, and maintenance of renewable energy facilities using various energy sources, such as hydroelectric, onshore wind, photovoltaic solar, offshore wind, and geothermal.

Further Reading

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