Iberdrola (OTCMKTS:IBDSF) Share Price Passes Below 200-Day Moving Average – Time to Sell?

Shares of Iberdrola, S.A. (OTCMKTS:IBDSFGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $14.17 and traded as low as $13.65. Iberdrola shares last traded at $13.85, with a volume of 9,959 shares.

Iberdrola Price Performance

The business’s 50-day simple moving average is $14.00 and its two-hundred day simple moving average is $14.17.

About Iberdrola

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Iberdrola, SA engages in the generation, transmission, distribution, and supply of electricity in Spain, the United Kingdom, the United States, Mexico, Brazil, Germany, France, and Australia. It generates electricity from renewable sources, such as onshore and offshore wind, hydro, photovoltaic, combined cycle gas, and conventional nuclear, as well as through batteries.

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