Companhia Paranaense de Energia (NYSE:ELPC - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $8.59 and last traded at $8.59, with a volume of 1632 shares trading hands. The stock had previously closed at $8.28.
Companhia Paranaense de Energia Stock Performance
The company's 50-day moving average price is $7.59 and its 200 day moving average price is $6.48. The stock has a market cap of $9.19 billion, a PE ratio of 12.27 and a beta of -0.13.
Companhia Paranaense de Energia (NYSE:ELPC - Get Free Report) last announced its earnings results 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 Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Tuesday, May 27th. Stockholders of record on Tuesday, April 29th were given a dividend of $0.1172 per share. This represents a dividend yield of 5.5%. The ex-dividend date was Monday, April 28th. Companhia Paranaense de Energia's payout ratio is 50.00%.
Institutional Investors Weigh In On Companhia Paranaense de Energia
A hedge fund recently raised its stake in Companhia Paranaense de Energia stock. SPX Gestao de Recursos Ltda lifted its position in shares of Companhia Paranaense de Energia (NYSE:ELPC - Free Report) by 32.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor 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 were worth $355,000 at the end of the most recent quarter.
About Companhia Paranaense de Energia
(
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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