Shares of Engie SA (OTCMKTS:ENGIY - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $22.31 and last traded at $22.29, with a volume of 177921 shares trading hands. The stock had previously closed at $21.91.
Analysts Set New Price Targets
A number of brokerages recently weighed in on ENGIY. Barclays raised shares of Engie from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, June 4th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Engie in a research note on Monday, March 3rd. Finally, Morgan Stanley reissued an "overweight" rating on shares of Engie in a report on Monday, May 19th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Buy".
Get Our Latest Analysis on ENGIY
Engie Trading Up 1.7%
The business has a fifty day moving average price of $20.93 and a 200 day moving average price of $18.32. The company has a current ratio of 0.99, a quick ratio of 0.92 and a debt-to-equity ratio of 1.09.
About Engie
(
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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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