Emera (OTCMKTS:EMRAF) Share Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Emera Incorporated (OTCMKTS:EMRAFGet Free Report)’s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $45.41 and traded as high as $45.53. Emera shares last traded at $45.41, with a volume of 27,541 shares.

Wall Street Analysts Forecast Growth

EMRAF has been the subject of several analyst reports. Scotiabank reiterated an “outperform” rating on shares of Emera in a research report on Monday, August 11th. TD Securities reiterated a “buy” rating on shares of Emera in a research report on Monday, August 11th. Finally, National Bankshares reiterated a “sector perform” rating on shares of Emera in a research report on Monday, August 11th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Get Our Latest Stock Report on Emera

Emera Stock Performance

The stock’s fifty day moving average is $45.41 and its 200-day moving average is $44.88.

About Emera

(Get Free Report)

Emera Incorporated, through its subsidiaries, engages in the generation, transmission, and distribution of electricity to various customers. The company operates through Florida Electric Utility, Canadian Electric Utilities, Other Electric Utilities, Gas Utilities and Infrastructure, and Other segments.

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