Companhia Paranaense de Energia (COPEL) (NYSE:ELP - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $9.28 and last traded at $9.28, with a volume of 167452 shares. The stock had previously closed at $9.12.
Companhia Paranaense de Energia (COPEL) Stock Performance
The company has a debt-to-equity ratio of 0.60, a current ratio of 1.48 and a quick ratio of 1.47. The company has a 50 day simple moving average of $8.64 and a 200-day simple moving average of $7.36. The stock has a market capitalization of $5.30 billion, a P/E ratio of 52.32, a price-to-earnings-growth ratio of 7.19 and a beta of 0.78.
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 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.16 by ($0.12). The firm had revenue of $856.71 million during the quarter, compared to the consensus estimate of $4.97 billion. Companhia Paranaense de Energia (COPEL) had a net margin of 12.67% and a return on equity of 11.17%. On average, equities analysts forecast that Companhia Paranaense de Energia will post 0.12 EPS for the current year.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of ELP. Banque Cantonale Vaudoise bought a new position in shares of Companhia Paranaense de Energia (COPEL) in the first quarter worth $35,000. Summit Securities Group LLC purchased a new stake in shares of Companhia Paranaense de Energia (COPEL) in the 1st quarter valued at about $45,000. Brooklyn Investment Group boosted its position in shares of Companhia Paranaense de Energia (COPEL) by 315,600.0% during the 1st quarter. Brooklyn Investment Group now owns 6,314 shares of the utilities provider's stock valued at $46,000 after acquiring an additional 6,312 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of 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 worth $52,000 after purchasing an additional 3,849 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of Companhia Paranaense de Energia (COPEL) during the fourth quarter worth about $56,000. 3.80% of the stock is currently owned by hedge funds and other institutional investors.
About Companhia Paranaense de Energia (COPEL)
(
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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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