Companhia Paranaense de Energia - Copel Unsponsored ADR (NYSE:ELPC - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $8.87, but opened at $8.48. Companhia Paranaense de Energia - Copel shares last traded at $8.47, with a volume of 1,398 shares.
Companhia Paranaense de Energia - Copel Price Performance
The business's fifty day moving average price is $7.72 and its 200 day moving average price is $6.53. The stock has a market cap of $8.99 billion, a P/E ratio of 12.00 and a beta of -0.13.
Companhia Paranaense de Energia - Copel (NYSE:ELPC - Get Free Report) last posted its earnings results on Friday, May 9th. The company reported $0.15 earnings per share for the quarter. The company had revenue of $1 billion for the quarter.
Companhia Paranaense de Energia - Copel Cuts Dividend
The company also recently announced a dividend, which was paid on Tuesday, May 27th. Investors of record on Tuesday, April 29th were issued a $0.1172 dividend. The ex-dividend date was Monday, April 28th. This represents a yield of 5.5%. Companhia Paranaense de Energia - Copel's payout ratio is 50.00%.
Institutional Trading of Companhia Paranaense de Energia - Copel
A hedge fund recently raised its stake in Companhia Paranaense de Energia - Copel stock. SPX Gestao de Recursos Ltda lifted its holdings in shares of Companhia Paranaense de Energia - Copel Unsponsored ADR (NYSE:ELPC - Free Report) by 32.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,091 shares of the company's stock after purchasing an additional 16,780 shares during the period. SPX Gestao de Recursos Ltda's holdings in Companhia Paranaense de Energia - Copel were worth $355,000 at the end of the most recent reporting period.
About Companhia Paranaense de Energia - Copel
(
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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