ENGIE (OTCMKTS:ENGIY) Reaches New 52-Week High - What's Next?

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Morgan Stanley reissued an "overweight" rating on shares of ENGIE in a report on Monday, May 19th. Barclays upgraded ENGIE from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, June 4th. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of ENGIE in a research note on Monday, March 3rd. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Buy".

ENGIE Stock Performance

The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.02 and a current ratio of 1.09. The stock's fifty day moving average is $21.30 and its two-hundred day moving average is $18.61.

ENGIE Company Profile

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.