EDP Renováveis, S.A. (OTCMKTS:EDRVF – Get Free Report)’s share price dropped 2.3% on Thursday . The company traded as low as $16.35 and last traded at $16.43. 760 shares traded hands during trading, a decline of 40% from the average session volume of 1,258 shares. The stock had previously closed at $16.82.
EDP Renováveis Price Performance
The firm has a fifty day moving average of $16.72 and a 200-day moving average of $15.39.
EDP Renováveis Company Profile
EDP Renováveis SA (OTCMKTS:EDRVF) is a global renewable energy company specializing in the development, construction and operation of wind and solar power projects. As a subsidiary of the Energias de Portugal (EDP) group, the company focuses on delivering clean electricity through onshore and offshore wind farms as well as increasingly integrating photovoltaic installations and energy storage solutions to support grid stability.
Founded as a spin-off from EDP in 2007 and headquartered in Madrid, Spain, EDP Renováveis has established a presence in multiple markets around the world.
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