Boralex (OTCMKTS:BRLXF) Shares Down 1% – Here’s Why

Boralex Inc. (OTCMKTS:BRLXF) traded down 1% on Monday . The company traded as low as $20.18 and last traded at $20.18. 16,311 shares traded hands during trading, a decline of 27% from the average session volume of 22,480 shares. The stock had previously closed at $20.38.

Boralex Price Performance

The company has a fifty day simple moving average of $22.89 and a two-hundred day simple moving average of $24.30.

Boralex Company Profile

Boralex Inc, together with its subsidiaries, engages in the development, construction, and operation of renewable energy power facilities in Canada, France, the United States, and the United Kingdom. It generates electricity from wind, solar, and hydroelectric resources. As of December 31, 2023, the company operates 100 wind farms; 12 solar energy facilities; 15 hydroelectric power stations; and 2 storage units with an installed capacity of 1,819 megawatts (MW) in North America and 1,259 MW in Europe.