Alterra Power (TSE:AXY) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Shares of Alterra Power Corp. (TSE:AXYGet Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.00 and traded as high as C$7.96. Alterra Power shares last traded at C$7.74, with a volume of 44,526 shares changing hands.

Alterra Power Price Performance

The business’s 50 day moving average is C$7.74.

Alterra Power Company Profile

(Get Free Report)

Alterra Power Corp., together with its subsidiaries, owns, acquires, develops, and operates renewable power projects. The company operates 8 power plants totaling 825 megawatts (MW) of capacity, including Jimmie Creek run-of-river hydro facility in British Columbia; Dokie 1 wind farm in north-east British Columbia; Shannon Wind Farm in Texas; East Toba and Montrose Creek run-of-river power plants in south-west British Columbia; Svartsengi and Reykjanes geothermal facilities in Iceland; and Kokomo solar facility in Indiana.

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