Endesa (OTCMKTS:ELEZF) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Endesa, S.A. (OTCMKTS:ELEZF) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $25.56 and traded as high as $29.92. Endesa shares last traded at $29.92, with a volume of 441 shares trading hands.

Endesa Trading Down 3.5%

The company’s 50 day moving average price is $29.51 and its 200-day moving average price is $25.56.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Endesa stock. Generali Investments CEE investicni spolecnost a.s. lifted its holdings in Endesa, S.A. (OTCMKTS:ELEZF) by 54.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,637 shares of the company’s stock after acquiring an additional 5,137 shares during the period. Generali Investments CEE investicni spolecnost a.s.’s holdings in Endesa were worth $343,000 as of its most recent SEC filing. 7.06% of the stock is owned by institutional investors and hedge funds.

About Endesa

Endesa, SA engages in the generation, distribution, and sale of electricity in Spain, Portugal, France, Germany, Morocco, Italy, the United Kingdom, Singapore, and internationally. The company generates electricity from various energy sources, such as hydroelectric, nuclear, thermal, wind, and solar.