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EDP – Energias de Portugal (OTC:EDPFY) has been upgraded from Neutral to Overweight in a statement by JP Morgan earlier today.

Boasting a price of $31.28, EDP – Energias de Portugal (OTC:EDPFY) traded 2.08% higher on the day. The last stock close price is down -6.00% from the 200-day moving average, compared with the S&P 500 Index which has decreased -0.01% over the same time. EDP – Energias de Portugal has recorded a 50-day average of $33.13 and a two hundred day moving average of $33.35. 1,601 shares of the stock traded hands, down from an average trading volume of 2,982

JP Morgan has upgraded EDP – Energias de Portugal (OTC:EDPFY) from Neutral to Overweight in a statement released on 10/10/2016.

See Chart Below

EDP - Energias de Portugal (OTC:EDPFY)

EDP – Energias de Portugal has a 52 week low of $28.30 and a 52 week high of $38.74 with a PE ratio of 12.74 EDP – Energias de Portugal’s market capitalization is currently $0.

About EDP – Energias de Portugal (OTC:EDPFY)

EDP – Energias de Portugal, S.A. is a utility company. The Company is focused on the generation, distribution and supply of electricity and distribution and supply of gas. It also operates in related areas, such as engineering, laboratory tests, vocational training, energy services and property management. The Long Term Contracted Generation in Iberia segment corresponds to the activity of electricity generation of the plants in Portugal and Spain. The Liberalised Activities segment in Iberia corresponds to the activity of unregulated generation and supply of electricity and gas in Portugal and Spain. The Regulated Networks segment in Iberia corresponds to the activities of electricity and gas distribution in Portugal and Spain and last resort supplier. The EDP Renovaveis segment corresponds to the power generation activity through renewable energy resources. The EDP Brasil segment includes the activities of electricity generation, distribution and supply in Brazil.

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