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ENGIE (OTCMKTS:ENGIY) Sets New 1-Year High - Time to Buy?

ENGIE logo with Utilities background

ENGIE - Sponsored ADR (OTCMKTS:ENGIY - Get Free Report)'s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $23.43 and last traded at $22.98, with a volume of 4482 shares. The stock had previously closed at $22.81.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Barclays raised shares of ENGIE from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, June 4th. Morgan Stanley reaffirmed an "overweight" rating on shares of ENGIE in a report on Monday, May 19th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of ENGIE in a research report on Monday, March 3rd. One 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 stock. Based on data from MarketBeat, ENGIE currently has a consensus rating of "Buy".

Get Our Latest Analysis on ENGIY

ENGIE Price Performance

The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.02 and a current ratio of 1.09. The company has a 50 day moving average price of $21.42 and a two-hundred day moving average price of $18.77.

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.

Further Reading

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