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Companhia Paranaense de Energia - Copel (NYSE:ELPC) Trading Up 7.5% - Here's What Happened

Companhia Paranaense de Energia - Copel logo with Utilities background

Shares of Companhia Paranaense de Energia - Copel Unsponsored ADR (NYSE:ELPC - Get Free Report) shot up 7.5% during mid-day trading on Wednesday . The stock traded as high as $7.97 and last traded at $7.99. 4,012 shares changed hands during trading, a decline of 60% from the average session volume of 10,143 shares. The stock had previously closed at $7.43.

Companhia Paranaense de Energia - Copel Stock Performance

The company's 50 day moving average price is $8.19 and its 200-day moving average price is $6.93. The company has a market cap of $8.43 billion, a PE ratio of 11.25 and a beta of -0.07.

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

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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