Verbund (OTCMKTS:OEZVY) Share Price Passes Above 50 Day Moving Average – Here’s What Happened

Verbund Ag (OTCMKTS:OEZVYGet Free Report)’s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $15.18 and traded as high as $15.25. Verbund shares last traded at $15.12, with a volume of 8,776 shares trading hands.

Verbund Stock Performance

The business has a 50-day moving average of $15.18 and a 200 day moving average of $16.33.

Verbund Company Profile

(Get Free Report)

VERBUND AG, together with its subsidiaries, generates, trades, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and households and commercial customers. It operates through Hydro, New Renewables, Sales, Grid, and All Other segments. The company operates hydropower plants with a capacity of 8,417 megawatts (MW); wind farms with a capacity of 798 MW; solar power with a capacity of 253 MW; and two thermal power plants.

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