Iberdrola (OTCMKTS:IBDRY) Shares Up 0.4% – Still a Buy?

Iberdrola, S.A. (OTCMKTS:IBDRY)’s stock price was up 0.4% during mid-day trading on Wednesday . The stock traded as high as $56.24 and last traded at $55.94. Approximately 78,896 shares changed hands during mid-day trading, a decline of 43% from the average daily volume of 138,269 shares. The stock had previously closed at $55.74.

Wall Street Analysts Forecast Growth

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

Iberdrola Trading Up 0.4 %

The company has a debt-to-equity ratio of 0.67, a current ratio of 0.79 and a quick ratio of 0.69. The business’s 50-day simple moving average is $55.59 and its 200-day simple moving average is $57.12. The company has a market cap of $90.07 billion, a price-to-earnings ratio of 12.80, a PEG ratio of 1.78 and a beta of 0.82.

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.