Iberdrola (OTCMKTS:IBDRY) Issues Earnings Results

Iberdrola (OTCMKTS:IBDRY) released its quarterly earnings results on Thursday. The utilities provider reported $0.06 earnings per share (EPS) for the quarter, Zacks reports. Iberdrola had a net margin of 14.67% and a return on equity of 10.67%.

Iberdrola Trading Down 0.0 %

IBDRY stock traded down $0.02 during mid-day trading on Thursday, reaching $58.61. The company’s stock had a trading volume of 44,260 shares, compared to its average volume of 126,037. Iberdrola has a 12 month low of $45.19 and a 12 month high of $62.15. The company has a current ratio of 0.79, a quick ratio of 0.69 and a debt-to-equity ratio of 0.67. The business’s 50 day moving average price is $55.85 and its 200 day moving average price is $57.29. The company has a market cap of $94.37 billion, a price-to-earnings ratio of 13.41, a price-to-earnings-growth ratio of 1.79 and a beta of 0.82.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada raised shares of Iberdrola to a “hold” rating in a research note on Monday, December 2nd.

About Iberdrola

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.