Iberdrola (OTCMKTS:IBDRY) Sets New 12-Month High – Still a Buy?

Iberdrola, S.A. (OTCMKTS:IBDRY) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $63.82 and last traded at $63.47, with a volume of 63420 shares traded. The stock had previously closed at $62.37.

Analysts Set New Price Targets

Separately, Royal Bank of Canada raised Iberdrola to a “hold” rating in a report on Monday, December 2nd.

Iberdrola Trading Up 1.8 %

The firm’s fifty day moving average price is $57.75 and its 200-day moving average price is $57.85. The company has a market cap of $102.20 billion, a price-to-earnings ratio of 14.52, a P/E/G ratio of 1.79 and a beta of 0.88. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.79 and a quick ratio of 0.69.

About Iberdrola

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.