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

ENGIE logo with Utilities background

ENGIE - Sponsored ADR (OTCMKTS:ENGIY - Get Free Report) shares saw strong trading volume on Monday . 533,918 shares were traded during mid-day trading, an increase of 144% from the previous session's volume of 218,977 shares.The stock last traded at $23.07 and had previously closed at $22.88.

Analyst Ratings Changes

A number of research firms have recently issued reports on ENGIY. Morgan Stanley restated an "overweight" rating on shares of ENGIE in a report on Monday, May 19th. Barclays upgraded shares of ENGIE from a "hold" rating to a "strong-buy" rating in a report on Wednesday, June 4th. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, ENGIE currently has a consensus rating of "Buy".

Read Our Latest Report on ENGIY

ENGIE Stock Up 0.8%

The stock's 50 day moving average price is $21.76 and its two-hundred day moving average price is $19.26. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.09 and a quick ratio of 1.02.

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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