Engie Brasil Energia (OTCMKTS:EGIEY) Reaches New 1-Year Low – Here’s Why

Shares of Engie Brasil Energia S.A. (OTCMKTS:EGIEY) hit a new 52-week low during mid-day trading on Monday . The company traded as low as $5.96 and last traded at $5.96, with a volume of 569323 shares. The stock had previously closed at $6.18.

Analyst Ratings Changes

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

Engie Brasil Energia Price Performance

The stock has a market cap of $4.86 billion, a price-to-earnings ratio of 6.24 and a beta of 0.55. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.19 and a quick ratio of 1.19. The stock’s 50 day simple moving average is $6.80 and its two-hundred day simple moving average is $7.67.

Engie Brasil Energia Company Profile

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.