Iberdrola (OTCMKTS:IBDSF) Share Price Passes Below 50 Day Moving Average – Should You Sell?

Iberdrola, S.A. (OTCMKTS:IBDSFGet Free Report) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $15.03 and traded as low as $14.96. Iberdrola shares last traded at $15.01, with a volume of 5,705 shares changing hands.

Iberdrola Stock Down 0.6 %

The business has a fifty day simple moving average of $15.03 and a 200 day simple moving average of $13.80.

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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