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Engie (OTCMKTS:ENGIY) Shares Pass Above Fifty Day Moving Average - Should You Sell?

Engie logo with Utilities background

Shares of Engie SA (OTCMKTS:ENGIY - Get Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $20.69 and traded as high as $21.85. Engie shares last traded at $21.80, with a volume of 107,251 shares.

Analyst Ratings Changes

Several research analysts recently commented on ENGIY shares. Morgan Stanley reaffirmed an "overweight" rating on shares of Engie in a research report on Monday, May 19th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Engie in a research report on Monday, March 3rd. Finally, Barclays raised Engie from a "hold" rating to a "strong-buy" rating in a research report on Wednesday. One 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. According to data from MarketBeat.com, Engie presently has an average rating of "Buy".

Get Our Latest Research Report on ENGIY

Engie Price Performance

The stock has a fifty day simple moving average of $20.83 and a 200-day simple moving average of $18.20. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.92 and a current ratio of 0.99.

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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