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ENGIE (OTCMKTS:ENGIY) Sees Strong Trading Volume - Time to Buy?

ENGIE logo with Utilities background

Shares of ENGIE - Sponsored ADR (OTCMKTS:ENGIY - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 904,815 shares traded hands during trading, an increase of 317% from the previous session's volume of 216,795 shares.The stock last traded at $23.30 and had previously closed at $23.02.

Analysts Set New Price Targets

ENGIY has been the topic of several research reports. Barclays raised shares of ENGIE from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, June 4th. Morgan Stanley reiterated an "overweight" rating on shares of ENGIE in a research note on Monday, May 19th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of ENGIE in a research note on Monday, March 3rd. One research 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's stock. According to MarketBeat, the company currently has a consensus rating of "Buy".

Get Our Latest Stock Analysis on ENGIY

ENGIE Price Performance

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 firm's fifty day moving average price is $21.53 and its two-hundred day moving average price is $18.92.

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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