Iberdrola (OTCMKTS:IBDSF) Share Price Passes Below Two Hundred Day Moving Average – Here’s Why

Iberdrola, S.A. (OTCMKTS:IBDSFGet Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $14.35 and traded as low as $13.98. Iberdrola shares last traded at $14.15, with a volume of 10,662 shares traded.

Iberdrola Stock Performance

The business’s 50 day simple moving average is $13.96 and its 200 day simple moving average is $14.36.

Iberdrola Company Profile

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Iberdrola, SA engages in the generation, transmission, distribution, and supply of electricity in Spain, the United Kingdom, the United States, Mexico, Brazil, Germany, France, and Australia. It generates electricity from renewable sources, such as onshore and offshore wind, hydro, photovoltaic, combined cycle gas, and conventional nuclear, as well as through batteries.

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