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Engie (OTCMKTS:ENGIY) Reaches New 12-Month High - Here's Why

Engie logo with Utilities background

Engie SA (OTCMKTS:ENGIY - Get Free Report)'s stock price reached a new 52-week high on Tuesday . The stock traded as high as $21.17 and last traded at $21.00, with a volume of 85539 shares changing hands. The stock had previously closed at $20.66.

Wall Street Analysts Forecast Growth

ENGIY has been the topic of several analyst reports. Morgan Stanley reaffirmed an "overweight" rating on shares of Engie in a research report on Tuesday, March 11th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Engie in a research note on Monday, March 3rd.

View Our Latest Stock Analysis on Engie

Engie Price Performance

The company's 50-day simple moving average is $18.79 and its 200-day simple moving average is $17.19. 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

(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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