Ørsted A/S (OTCMKTS:DNNGY) Shares Gap Up – Here’s What Happened

Ørsted A/S (OTCMKTS:DNNGY – Get Free Report)’s share price gapped up prior to trading on Tuesday. The stock had previously closed at $6.57, but opened at $6.88. Ørsted A/S shares last traded at $6.52, with a volume of 2,349 shares.

Analyst Ratings Changes

Separately, Royal Bank Of Canada raised shares of Ørsted A/S to a “moderate buy” rating in a research note on Tuesday, September 1st. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.

Check Out Our Latest Stock Analysis on DNNGY

Ørsted A/S Price Performance

The business’s 50-day simple moving average is $6.94 and its 200-day simple moving average is $7.65.

Ørsted A/S Company Profile

(Get Free Report)

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.

Further Reading

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