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Companhia Paranaense de Energia - Copel (NYSE:ELPC) Shares Gap Down - Time to Sell?

Companhia Paranaense de Energia - Copel logo with Utilities background

Companhia Paranaense de Energia - Copel Unsponsored ADR (NYSE:ELPC - Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $8.28, but opened at $8.03. Companhia Paranaense de Energia - Copel shares last traded at $7.97, with a volume of 1,539 shares traded.

Companhia Paranaense de Energia - Copel Stock Up 0.4%

The firm has a fifty day moving average price of $8.14 and a 200-day moving average price of $6.82. The firm has a market cap of $8.56 billion, a price-to-earnings ratio of 11.43 and a beta of -0.07.

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

Companhia Paranaense de Energia - Copel Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, May 27th. Stockholders of record on Tuesday, April 29th were issued a dividend of $0.1172 per share. This represents a dividend yield of 5.5%. The ex-dividend date of this dividend was Monday, April 28th. Companhia Paranaense de Energia - Copel's dividend payout ratio (DPR) is 50.00%.

Companhia Paranaense de Energia - Copel Company Profile

(Get Free Report)

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.

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