Iberdrola (OTCMKTS:IBDRY) Hits New 12-Month High – Here’s What Happened

Iberdrola, S.A. (OTCMKTS:IBDRY) reached a new 52-week high on Thursday . The company traded as high as $63.82 and last traded at $63.47, with a volume of 63420 shares. 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 Stock Performance

The company has a current ratio of 0.79, a quick ratio of 0.69 and a debt-to-equity ratio of 0.67. The firm’s fifty day moving average is $58.13 and its 200 day moving average is $57.93. The company has a market cap of $104.61 billion, a PE ratio of 14.87, a price-to-earnings-growth ratio of 1.79 and a beta of 0.88.

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.