Ørsted A/S (OTCMKTS:DNNGY – Get Free Report) saw unusually-high trading volume on Thursday. Approximately 338,176 shares traded hands during trading, an increase of 142% from the previous session’s volume of 139,726 shares. The stock last traded at $6.2258 and had previously closed at $6.21.
Wall Street Analyst Weigh In
A number of research firms have weighed in on DNNGY. Royal Bank Of Canada raised shares of Ørsted A/S to a “moderate buy” rating in a research note on Tuesday, September 1st. The Goldman Sachs Group cut Ørsted A/S from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Ørsted A/S currently has an average rating of “Moderate Buy”.
Read Our Latest Analysis on Ørsted A/S
Ørsted A/S Price Performance
The company has a fifty day simple moving average of $6.94 and a 200-day simple moving average of $7.65.
Ørsted A/S Company Profile
Ørsted A/S is a Denmark-based renewable energy company focused primarily on developing, constructing, owning and operating offshore wind farms. The company also develops onshore wind and solar projects, battery storage facilities and other renewable energy infrastructure. Its activities include project development, engineering, construction, operations and maintenance, and the sale of renewable power.
The company was formerly known as DONG Energy and historically operated across oil, natural gas and conventional energy activities.
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