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 $8.28 and last traded at $8.26, with a volume of 908 shares changing hands. The stock had previously closed at $8.20.
Companhia Paranaense de Energia Price Performance
The company has a market cap of $8.86 billion, a PE ratio of 11.83 and a beta of -0.14. The business has a 50-day moving average of $7.55 and a 200 day moving average of $6.45.
Companhia Paranaense de Energia (NYSE:ELPC - Get Free Report) last posted its quarterly earnings data on Friday, May 9th. The company reported $0.15 EPS for the quarter. The firm had revenue of $1 billion for the quarter.
Companhia Paranaense de Energia Cuts Dividend
The business also recently declared a dividend, which was paid on Tuesday, May 27th. Shareholders of record on Tuesday, April 29th were given a $0.1172 dividend. This represents a yield of 5.5%. The ex-dividend date was Monday, April 28th. Companhia Paranaense de Energia's payout ratio is 50.00%.
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 increased its holdings in shares of Companhia Paranaense de Energia (NYSE:ELPC - Free Report) by 32.7% in the 4th quarter, according to its most recent Form 13F filing 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 at the end of the most recent reporting period.
About Companhia Paranaense de Energia
(
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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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