Gamesa Corporacion Tecnologica SA’s (GCTAF) Buy Rating Reaffirmed at HSBC
Gamesa Corporacion Tecnologica SA (OTC:GCTAF)‘s stock had its “buy” rating reissued by stock analysts at HSBC in a research note issued on Tuesday, StockTargetPrices.com reports.
Gamesa Corporacion Tecnologica SA (OTC:GCTAF) traded up 2.720% during midday trading on Tuesday, reaching $20.883. The company’s stock had a trading volume of 1,084 shares. The firm has a market capitalization of $5.78 billion and a P/E ratio of 21.844. Gamesa Corporacion Tecnologica SA has a 52 week low of $14.80 and a 52 week high of $24.55. The company’s 50-day moving average is $21.66 and its 200 day moving average is $21.41.
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About Gamesa Corporacion Tecnologica SA
Gamesa Corporacion Tecnologica SA is a Spain-based company engaged in the renewable energy equipment manufacture. The Company specializes in the promotion and development of wind farms, as well as the engineering, design, production and sale of wind turbines. Its activities are divided into two business segments: Wind Turbines and Operation and maintenance (O&M).
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