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ENGIE (OTCMKTS:ENGIY) Reaches New 1-Year High - Should You Buy?

ENGIE logo with Utilities background

ENGIE - Sponsored ADR (OTCMKTS:ENGIY - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $23.70 and last traded at $23.55, with a volume of 6472 shares changing hands. The stock had previously closed at $23.48.

Wall Street Analyst Weigh In

ENGIY has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of ENGIE in a research note on Monday, March 3rd. Morgan Stanley reissued an "overweight" rating on shares of ENGIE in a research note on Monday, May 19th. Finally, Barclays raised ENGIE from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, June 4th. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy".

Read Our Latest Stock Analysis on ENGIE

ENGIE Stock Up 0.1%

The company has a current ratio of 1.09, a quick ratio of 1.02 and a debt-to-equity ratio of 1.04. The business has a fifty day simple moving average of $21.57 and a two-hundred day simple moving average of $18.99.

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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