On a relative basis, the stock has outperformed the S&P 500 by 0.49% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has risen by 0.05% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.05% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.62% and the 50-Day Moving Average is 1.13%.The 200 Day SMA reached 7%
Abengoa Yield plc (NASDAQ:ABY): The stock was completely flat for the day, closing at $19.01 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $19.05, the stock touched an intraday high of $19.26 and a low of $18.78. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $19.01. The total trading volume on Friday was 996,027.
Abengoa Yield plc (ABY) stock is expected to deviate a maximum of $4.62 from the average target price of $20.33 for the short term period. 3 Street Experts have initiated coverage on the stock with the most promising target being $23 and the most muted being $15.
Abengoa Yield plc is an engineering and clean technology company. The Company owns, manages, and acquires renewable energy, conventional power, electric transmission lines, and other contracted revenue-generating assets, focused on North America (United States and Mexico) and South America (Peru, Chile, Brazil and Uruguay), as well as Europe (Spain). The Companys business sectors include renewable energy, which includes its activities related to the production electricity from solar power and wind plants; Conventional power, which includes its activities related to the production of electricity and steam from natural gas and electric transmission lines, which includes its activities related to the operation of electric transmission lines. It owns interests in approximately 15 assets, comprising over 891 megawatt (MW) of renewable energy generation, approximately 300 MW of conventional power generation and approximately 1,018 miles of electric transmission lines.