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Engie Brasil Energia (OTCMKTS:EGIEY) Shares Up 3.3% - Here's Why

Engie Brasil Energia logo with Utilities background

Engie Brasil Energia S.A. (OTCMKTS:EGIEY - Get Free Report) traded up 3.3% during mid-day trading on Thursday . The company traded as high as $7.69 and last traded at $7.68. 9,258 shares changed hands during trading, a decline of 83% from the average session volume of 54,860 shares. The stock had previously closed at $7.43.

Engie Brasil Energia Trading Down 4.6%

The business has a 50 day simple moving average of $7.07 and a two-hundred day simple moving average of $6.56. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 1.63. The company has a market cap of $5.98 billion, a PE ratio of 7.40 and a beta of 0.44.

Engie Brasil Energia Company Profile

(Get Free Report)

Engie Brasil Energia SA, together with its subsidiaries, generates, sells, and trades in electrical energy in Brazil. The company operates 76 plants, including 11 hydroelectric power plants; 1 thermal power plants; 50 wind farms; 3 biomass; 9 photovoltaic and solar power plant; and 2 small hydroelectric plants.

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