Companhia Paranaense de Energia (NYSE:ELPC - Get Free Report) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $8.24 and last traded at $8.17, with a volume of 334 shares changing hands. The stock had previously closed at $8.18.
Companhia Paranaense de Energia Price Performance
The business's fifty day moving average is $7.31 and its two-hundred day moving average is $6.34. The firm has a market cap of $8.73 billion, a price-to-earnings ratio of 11.66 and a beta of -0.45.
Companhia Paranaense de Energia (NYSE:ELPC - Get Free Report) last posted its quarterly earnings results on Friday, May 9th. The company reported $0.15 earnings per share (EPS) for the quarter. The firm had revenue of $1 billion during the quarter.
Companhia Paranaense de Energia Cuts Dividend
The firm also recently declared a dividend, which was paid on Tuesday, May 27th. Investors of record on Tuesday, April 29th were paid 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 dividend payout ratio (DPR) is 50.00%.
Institutional Trading of Companhia Paranaense de Energia
An institutional investor recently raised its position in Companhia Paranaense de Energia stock. SPX Gestao de Recursos Ltda increased its stake 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 Form 13F filing with the Securities & Exchange Commission. The firm owned 68,091 shares of the company's stock after purchasing an additional 16,780 shares during the period. SPX Gestao de Recursos Ltda's holdings in Companhia Paranaense de Energia were worth $355,000 as of its most recent SEC filing.
Companhia Paranaense de Energia Company Profile
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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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