Engie Brasil Energia (OTCMKTS:EGIEY) Sets New 52-Week Low – Time to Sell?

Posted by Doug Wharley on Dec 5th, 2024

Engie Brasil Energia S.A. (OTCMKTS:EGIEY – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $6.00 and last traded at $6.32, with a volume of 51337 shares changing hands. The stock had previously closed at $6.19.

Wall Street Analyst Weigh In

Separately, UBS Group cut Engie Brasil Energia from a “hold” rating to a “strong sell” rating in a report on Monday, November 11th.

View Our Latest Analysis on Engie Brasil Energia

Engie Brasil Energia Stock Performance

The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 1.63. The stock’s 50 day moving average is $7.02 and its 200 day moving average is $7.79. The stock has a market capitalization of $5.16 billion, a price-to-earnings ratio of 6.25 and a beta of 0.55.

Engie Brasil Energia Company Profile

(Get Free Report)

Engie Brasil Energia SA, together with its subsidiaries, generates, sells, and trades in electrical energy in Brazil. The company operates 76 plants, including 11 hydroelectric power plants; 1 thermal power plants; 50 wind farms; 3 biomass; 9 photovoltaic and solar power plant; and 2 small hydroelectric plants.