EDP Renováveis (OTCMKTS:EDRVF) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Shares of EDP Renováveis, S.A. (OTCMKTS:EDRVF) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $15.35 and traded as low as $13.94. EDP Renováveis shares last traded at $13.97, with a volume of 16,474 shares traded.

EDP Renováveis Trading Up 4.1 %

The company has a fifty day simple moving average of $15.85 and a two-hundred day simple moving average of $15.35.

About EDP Renováveis

EDP Renováveis, SA, a renewable energy company, plans, constructs, operates, and maintains electricity power stations. The company operates wind and solar farms. As of December 31, 2023, it had an installed capacity of 6,891 megawatts in the United States; 2,042 megawatts in Spain; 1,413 megawatts in Portugal; 1,165 megawatts in Brazil; 798 megawatts in Poland; 521 megawatts in Romania; 496 megawatts in Mexico; 427 megawatts in Canada; 412 megawatts in Italy; 402 megawatts in Vietnam; 315 megawatts in Singapore; 244 megawatts in France; 123 megawatts in China; 83 megawatts in Chile; 80 megawatts in Greece; 43 megawatts in Taiwan; 11 megawatts in Belgium; 9 megawatts in the Netherlands; 7 megawatts in Thailand; and 5 megawatts in the United Kingdom.