Iberdrola (OTCMKTS:IBDRY) Shares Up 0.4% - Here's Why

Shares of Iberdrola, S.A. (OTCMKTS:IBDRY - Get Free Report) rose 0.4% on Wednesday . The company traded as high as $56.24 and last traded at $55.94. Approximately 78,896 shares were traded 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.

Analyst Ratings Changes

Separately, Royal Bank of Canada raised shares of Iberdrola to a "hold" rating in a research note on Monday, December 2nd.

Iberdrola Trading Up 0.1 %

The company's fifty day moving average price is $55.62 and its 200-day moving average price is $57.11. The stock has a market cap of $90.86 billion, a price-to-earnings ratio of 12.91, a P/E/G ratio of 1.78 and a beta of 0.82. 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.