Companhia Paranaense de Energia (NYSE:ELPC - Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as $8.20 and last traded at $8.19, with a volume of 6893 shares trading hands. The stock had previously closed at $8.07.
Companhia Paranaense de Energia Trading Up 0.1%
The stock has a market cap of $8.57 billion, a P/E ratio of 11.44 and a beta of -0.43. The company has a 50 day simple moving average of $7.07 and a 200 day simple moving average of $6.21.
Companhia Paranaense de Energia (NYSE:ELPC - Get Free Report) last issued its quarterly earnings data on Friday, May 9th. The company reported $0.15 EPS for the quarter. The firm had revenue of $1 billion during the quarter.
Companhia Paranaense de Energia Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Tuesday, May 27th. Investors of record on Tuesday, April 29th will be given a dividend of $0.1172 per share. The ex-dividend date is Monday, April 28th. This represents a dividend yield of 5.5%. Companhia Paranaense de Energia's dividend payout ratio is currently 32.86%.
Institutional Trading of Companhia Paranaense de Energia
A hedge fund recently raised its stake in Companhia Paranaense de Energia stock. SPX Gestao de Recursos Ltda grew its position in shares of Companhia Paranaense de Energia (NYSE:ELPC - Free Report) by 32.7% during the fourth quarter, according to its most recent disclosure with the Securities and 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 as of its most recent SEC filing.
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.
Featured Stories
Before you consider Companhia Paranaense de Energia, 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 wasn't on the list.
While Companhia Paranaense de Energia currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
