Companhia Paranaense de Energia - Copel (NYSE:ELPC) Sees Strong Trading Volume - What's Next?

Key Points

• Companhia Paranaense de Energia - Copel experienced a significant increase in trading volume, with approximately 18,837 shares traded, marking a 317% rise from the previous session.
• The stock last traded at $7.82, down from the previous close of $7.99, and has a market capitalization of $8.24 billion with a PE ratio of 11.01.
• In its latest quarterly earnings report, Copel announced an EPS of $0.15 and revenue of $1 billion.
• Copel operates in the electricity sector in Brazil, providing services across various segments including generation, distribution, and sale of electricity.

Shares of Companhia Paranaense de Energia - Copel Unsponsored ADR (NYSE:ELPC - Get Free Report) saw unusually-high trading volume on Friday . Approximately 18,837 shares traded hands during trading, an increase of 317% from the previous session's volume of 4,513 shares.The stock last traded at $7.82 and had previously closed at $7.99.

Companhia Paranaense de Energia - Copel Trading Up 2.8%

The firm has a market capitalization of $8.35 billion, a P/E ratio of 11.15 and a beta of -0.07. The company has a 50-day moving average of $8.15 and a 200-day moving average of $7.06.

Companhia Paranaense de Energia - Copel (NYSE:ELPC - Get Free Report) last announced its earnings results on Friday, May 9th. The company reported $0.15 earnings per share (EPS) for the quarter. The company had revenue of $1 billion for the quarter.

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.