Ørsted A/S (OTCMKTS:DNNGY) Stock Price Down 6.3% – Here’s Why

Ørsted A/S (OTCMKTS:DNNGYGet Free Report) shares dropped 6.3% during trading on Wednesday . The company traded as low as $12.07 and last traded at $12.07. Approximately 167,099 shares were traded during trading, an increase of 8% from the average daily volume of 154,854 shares. The stock had previously closed at $12.88.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley cut Ørsted A/S from an “overweight” rating to an “equal weight” rating in a research note on Thursday, December 5th.

View Our Latest Stock Report on DNNGY

Ørsted A/S Stock Performance

The firm’s 50-day simple moving average is $15.90 and its 200 day simple moving average is $18.65.

Ørsted A/S Company Profile

(Get Free Report)

Ørsted A/S, together with its subsidiaries, develops, constructs, owns, and operates offshore and onshore wind farms, solar farms, energy storage facilities, renewable hydrogen and green fuels facilities, and bioenergy plants. It operates through Offshore, Onshore, and Bioenergy & Other segments.

Further Reading

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