Shares of Companhia Paranaense de Energia - Copel Unsponsored ADR (NYSE:ELPC - Get Free Report) traded down 3.1% during trading on Wednesday . The company traded as low as $8.23 and last traded at $8.21. 4,518 shares traded hands during mid-day trading, a decline of 55% from the average session volume of 10,095 shares. The stock had previously closed at $8.47.
Companhia Paranaense de Energia - Copel Trading Down 3.4%
The firm has a market cap of $8.75 billion, a price-to-earnings ratio of 11.68 and a beta of -0.07. The company has a fifty day moving average price of $8.11 and a 200-day moving average price of $6.80.
Companhia Paranaense de Energia - Copel (NYSE:ELPC - Get Free Report) last posted its quarterly earnings results on Friday, May 9th. The company reported $0.15 EPS for the quarter. The company had revenue of $1 billion during the quarter.
Companhia Paranaense de Energia - Copel Cuts Dividend
The firm also recently announced a dividend, which was paid on Tuesday, May 27th. Investors of record on Tuesday, April 29th were paid 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 currently 51.43%.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Companhia Paranaense de Energia - Copel stock. SPX Gestao de Recursos Ltda boosted its position in Companhia Paranaense de Energia - Copel Unsponsored ADR (NYSE:ELPC - Free Report) by 32.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 68,091 shares of the company's stock after buying an additional 16,780 shares during the quarter. 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.
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Companhia Paranaense de Energia - Copel, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Companhia Paranaense de Energia - Copel wasn't on the list.
While Companhia Paranaense de Energia - Copel currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
