Verbund (OTCMKTS:OEZVY – Get Free Report) released its earnings results on Thursday. The company reported $0.11 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.11, Zacks reports.
Verbund Stock Performance
OEZVY remained flat at $15.38 during trading hours on Thursday. Verbund has a twelve month low of $11.88 and a twelve month high of $17.13. The stock’s 50 day moving average is $14.66 and its two-hundred day moving average is $14.38.
Analyst Upgrades and Downgrades
Separately, Deutsche Bank Aktiengesellschaft upgraded Verbund from a “sell” rating to a “hold” rating in a report on Monday, September 28th. One investment analyst has rated the stock with a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Strong Sell”.
Get Our Latest Stock Report on OEZVY
Verbund Company Profile
VERBUND AG is an Austrian electricity company focused primarily on the generation, transmission, and sale of renewable energy. Hydropower forms the core of its business, supported by electricity generated from wind and solar facilities. The company also provides energy-related services and participates in electricity trading and wholesale markets.
Founded in 1947 as Österreichische Elektrizitätswirtschafts-AG, VERBUND developed into Austria’s leading electricity producer and a major participant in the European energy market.
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