Companhia Paranaense de Energia (NYSE:ELPC - Get Free Report)'s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $8.20 and last traded at $8.22, with a volume of 121674 shares traded. The stock had previously closed at $7.98.
Companhia Paranaense de Energia Stock Performance
The business has a fifty day moving average price of $7.22 and a 200 day moving average price of $6.30. The company has a market capitalization of $8.69 billion, a PE ratio of 11.60 and a beta of -0.45.
Companhia Paranaense de Energia (NYSE:ELPC - Get Free Report) last posted 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 during the quarter.
Companhia Paranaense de Energia Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Tuesday, May 27th. Shareholders of record on Tuesday, April 29th were paid a dividend of $0.1172 per share. The ex-dividend date of this dividend was Monday, April 28th. This represents a yield of 5.5%. Companhia Paranaense de Energia's dividend payout ratio (DPR) is presently 50.00%.
Institutional Investors Weigh In On Companhia Paranaense de Energia
An institutional investor recently raised its position in Companhia Paranaense de Energia stock. SPX Gestao de Recursos Ltda raised its holdings in shares of Companhia Paranaense de Energia (NYSE:ELPC - Free Report) by 32.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 68,091 shares of the company's stock after purchasing an additional 16,780 shares during the quarter. SPX Gestao de Recursos Ltda's holdings in Companhia Paranaense de Energia were worth $355,000 at the end of the most recent quarter.
Companhia Paranaense de Energia 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 Stories
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
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
