Verbund Ag (OTCMKTS:OEZVY – Get Free Report)’s stock price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $15.34 and traded as high as $15.39. Verbund shares last traded at $15.04, with a volume of 7,061 shares changing hands.
Verbund Stock Down 5.8 %
The firm’s 50 day simple moving average is $15.34 and its 200 day simple moving average is $16.52.
Verbund Company Profile
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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