Emera Inc (OTCMKTS:EMRAF) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $43.18 and traded as low as $43.58. Emera shares last traded at $43.67, with a volume of 531 shares traded.
Separately, BMO Capital Markets cut shares of Emera from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 13th.
The firm’s 50-day moving average is $43.20 and its two-hundred day moving average is $40.48.
Emera Company Profile (OTCMKTS:EMRAF)
Emera Incorporated, an energy and services company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity to various customers. The company is also involved in gas transmission and utility energy services businesses; and the provision of energy marketing, trading, and other energy asset management services.
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