Ørsted A/S (OTCMKTS:DNNGY) Shares Gap Down – Here’s What Happened

Ørsted A/S (OTCMKTS:DNNGY – Get Free Report) shares gapped down before the market opened on Wednesday. The stock had previously closed at $6.52, but opened at $6.22. Ørsted A/S shares last traded at $6.18, with a volume of 14,408 shares trading hands.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada raised shares of Ørsted A/S to a “moderate buy” rating in a research note on Tuesday, September 1st. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Read Our Latest Report on Ørsted A/S

Ørsted A/S Price Performance

The business has a 50-day simple moving average of $6.95 and a 200-day simple moving average of $7.66.

About Ørsted A/S

(Get Free Report)

Ørsted A/S is a Denmark-based renewable energy company focused primarily on developing, constructing, owning and operating offshore wind farms. The company also develops onshore wind and solar projects, battery storage facilities and other renewable energy infrastructure. Its activities include project development, engineering, construction, operations and maintenance, and the sale of renewable power.

The company was formerly known as DONG Energy and historically operated across oil, natural gas and conventional energy activities.

Featured Articles

Receive News & Ratings for Ørsted A/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ørsted A/S and related companies with MarketBeat.com's FREE daily email newsletter.