Companhia Paranaense de Energia - COPEL (NYSE:ELP - Get Free Report)'s stock price hit a new 52-week high during trading on Monday . The company traded as high as $9.19 and last traded at $9.16, with a volume of 76129 shares changing hands. The stock had previously closed at $8.93.
Companhia Paranaense de Energia - COPEL Stock Performance
The firm has a market cap of $5.46 billion, a PE ratio of 53.91 and a beta of 0.78. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.45 and a quick ratio of 1.43. The stock has a 50-day moving average price of $8.36 and a 200 day moving average price of $7.22.
Companhia Paranaense de Energia - COPEL (NYSE:ELP - Get Free Report) last announced its quarterly earnings data on Friday, May 9th. The utilities provider reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.16 by ($0.12). The business had revenue of $856.71 million during the quarter, compared to analysts' expectations of $4.97 billion. Companhia Paranaense de Energia - COPEL had a net margin of 14.20% and a return on equity of 11.88%. Research analysts forecast that Companhia Paranaense de Energia - COPEL will post 0.12 earnings per share for the current year.
Institutional Investors Weigh In On Companhia Paranaense de Energia - COPEL
A number of hedge funds and other institutional investors have recently made changes to their positions in ELP. Banque Cantonale Vaudoise purchased a new stake in shares of Companhia Paranaense de Energia - COPEL in the first quarter valued at $35,000. Summit Securities Group LLC purchased a new stake in shares of Companhia Paranaense de Energia - COPEL in the first quarter valued at $45,000. Brooklyn Investment Group grew its position in shares of Companhia Paranaense de Energia - COPEL by 315,600.0% in the first quarter. Brooklyn Investment Group now owns 6,314 shares of the utilities provider's stock valued at $46,000 after purchasing an additional 6,312 shares during the period. PNC Financial Services Group Inc. grew its position in Companhia Paranaense de Energia - COPEL by 78.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 8,754 shares of the utilities provider's stock valued at $52,000 after acquiring an additional 3,849 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Companhia Paranaense de Energia - COPEL during the fourth quarter valued at about $56,000. Hedge funds and other institutional investors own 3.80% of the company's stock.
Companhia Paranaense de Energia - COPEL Company Profile
(
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Companhia Paranaense de Energia - COPEL engages in the generation, transformation, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers in Brazil. The company operates through Power Generation and Transmission, Power Distribution, Power Sale, and Gas segments.
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