TERP - Shares of TerraForm Power Inc (TERP Rise to a New 52-Week High
TerraForm Power Inc. (NASDAQ:TERP) traded at a new 52-week high today of $18.04. So far today approximately 304,000 shares have been exchanged, as compared to an average 30-day volume of 820,000 shares.
TerraForm Power Inc. (NASDAQ:TERP) is currently priced 12.8% above its average consensus analyst price target of $15.69. The stock should find initial support at its 50-day moving average (MA) of $16.49 and further support at its 200-day MA of $13.85.
In the past 52 weeks, shares of TerraForm Power Inc. have traded between a low of $9.90 and a high of $18.04 and is now at $17.99, which is 82% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.9% while the 50-day MA has advanced 1.6%.
TerraForm Power, Inc.. provides energy services. The Company operates clean power generation assets such as solar, wind, natural gas, geothermal and hydro-electricity. TerraForm Power serves customers in the State of Maryland.
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