Verbund (OTCMKTS:OEZVY) Shares Cross Below 200 Day Moving Average – Here’s Why

Verbund Ag (OTCMKTS:OEZVYGet Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $15.99 and traded as low as $15.08. Verbund shares last traded at $15.08, with a volume of 385 shares traded.

Verbund Trading Down 2.9 %

The company has a fifty day simple moving average of $15.37 and a 200 day simple moving average of $15.99.

About Verbund

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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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