Verbund (OTCMKTS:OEZVY) Share Price Crosses Above 50 Day Moving Average – What’s Next?

Verbund Ag (OTCMKTS:OEZVYGet Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $15.25 and traded as high as $15.49. Verbund shares last traded at $15.49, with a volume of 390 shares trading hands.

Verbund Price Performance

The company’s 50-day moving average is $15.25 and its 200-day moving average is $16.44.

Verbund (OTCMKTS:OEZVYGet Free Report) last issued its earnings results on Wednesday, November 6th. The company reported $0.30 earnings per share (EPS) for the quarter. The company had revenue of $2.14 billion during the quarter.

Verbund Company Profile

(Get Free Report)

VERBUND AG, together with its subsidiaries, generates, trades, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and households and commercial customers. It operates through Hydro, New Renewables, Sales, Grid, and All Other segments. The company operates hydropower plants with a capacity of 8,417 megawatts (MW); wind farms with a capacity of 798 MW; solar power with a capacity of 253 MW; and two thermal power plants.

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