Companhia Paranaense de Energia - Copel (NYSE:ELPC) Sets New 12-Month High - Here's Why

Key Points

• Companhia Paranaense de Energia - Copel's stock reached a new 52-week high of $8.91, closing at $8.93 with a market capitalization of $9.54 billion.
• The company reported an EPS of $0.10 for the latest quarter, indicative of its ongoing financial performance.
• A hedge fund, Allworth Financial LP, recently acquired 3,250 shares of Copel, signaling growing interest in the company.

Shares of Companhia Paranaense de Energia - Copel Unsponsored ADR (NYSE:ELPC - Get Free Report) hit a new 52-week high on Wednesday . The company traded as high as $8.91 and last traded at $8.93, with a volume of 187 shares trading hands. The stock had previously closed at $8.83.

Companhia Paranaense de Energia - Copel Trading Up 1.1%

The business has a fifty day simple moving average of $8.19 and a two-hundred day simple moving average of $7.70. The company has a market cap of $9.66 billion, a PE ratio of 12.72 and a beta of -0.08.

Companhia Paranaense de Energia - Copel (NYSE:ELPC - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The company reported $0.10 earnings per share for the quarter.

Institutional Trading of Companhia Paranaense de Energia - Copel

An institutional investor recently bought a new position in Companhia Paranaense de Energia - Copel stock. Allworth Financial LP bought a new position in Companhia Paranaense de Energia - Copel Unsponsored ADR (NYSE:ELPC - Free Report) in the second quarter, according to its most recent disclosure with the SEC. The firm bought 3,250 shares of the company's stock, valued at approximately $28,000.

Companhia Paranaense de Energia - Copel Company Profile

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, GAS, Power Sale, and Holding and Services segments.