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Engie (OTCMKTS:ENGIY) Hits New 1-Year High - What's Next?

Engie logo with Utilities background

Engie SA (OTCMKTS:ENGIY - Get Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as $23.19 and last traded at $22.82, with a volume of 221539 shares changing hands. The stock had previously closed at $23.01.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Engie in a research report on Monday, March 3rd. Morgan Stanley reiterated an "overweight" rating on shares of Engie in a research note on Monday, May 19th. Finally, Barclays upgraded Engie from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, June 4th. One analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy".

View Our Latest Report on Engie

Engie Trading Down 0.8%

The stock has a fifty day simple moving average of $21.14 and a 200 day simple moving average of $18.50. The company has a current ratio of 0.99, a quick ratio of 0.92 and a debt-to-equity ratio of 1.09.

Engie Company Profile

(Get Free Report)

ENGIE SA engages in the power, natural gas, and energy services businesses. It operates through Renewables, Networks, Energy Solutions, FlexGen, Retail, Nuclear, and Others segments. The Renewables segment comprises renewable energy generation activities, including financing, construction, operation, and maintenance of renewable energy facilities using various energy sources, such as hydroelectric, onshore wind, photovoltaic solar, offshore wind, and geothermal.

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