Companhia Paranaense de Energia (NYSE:ELPC - Get Free Report)'s share price traded up 6.1% on Monday . The company traded as high as $7.25 and last traded at $7.30. 1,911 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 15,290 shares. The stock had previously closed at $6.88.
Companhia Paranaense de Energia Stock Performance
The stock has a market cap of $7.93 billion, a P/E ratio of 10.59 and a beta of -0.31. The firm's 50-day moving average is $6.56 and its two-hundred day moving average is $6.02.
Companhia Paranaense de Energia (NYSE:ELPC - Get Free Report) last posted its quarterly earnings results on Friday, February 28th. The company reported $0.13 earnings per share for the quarter. The business had revenue of $1.03 billion for the quarter.
Companhia Paranaense de Energia Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Tuesday, May 27th. Investors of record on Tuesday, April 29th will be paid a dividend of $0.1172 per share. This represents a yield of 5.5%. The ex-dividend date is Monday, April 28th. Companhia Paranaense de Energia's payout ratio is 32.86%.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Companhia Paranaense de Energia stock. SPX Gestao de Recursos Ltda boosted its position 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 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 period. 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.
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, 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
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
