Avangrid Inc (NYSE:AGR) has been downgraded to Sell in a report by Zacks Investment Research today.
- Updated: September 30, 2016
Yesterday Avangrid Inc (NYSE:AGR) traded -1.37% lower at $41.78. The company’s 50-day moving average is $42.51 and its 200-day moving average is $42.22. The last stock close price is down -1.03% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 797,463 shares of the stock were exchanged, up from an average trading volume of 398,798
Zacks Investment Research has downgraded Avangrid Inc (NYSE:AGR) to Sell in a report released on 9/30/2016.
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Avangrid Inc has a 52 week low of $32.45 and a 52 week high of $46.74 with a P/E ratio of 25.51 The company’s market cap is currently $0.
About Avangrid Inc (NYSE:AGR)
Avangrid, Inc. is a diversified energy and utility company with more than $30 billion in assets and operations in 25 states. The company operates regulated utilities and electricity generation through two primary lines of business. Avangrid Networks includes eight electric and natural gas utilities, serving approximately 3.1 million customers in New York and New England. Avangrid Renewables operates 6.3 gigawatts of electricity capacity, primarily through wind power, in states across the United States. Iberdrola S.A. (Madrid: IBE), a worldwide leader in the energy industry, owns 81.5% of AVANGRID.
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