Equatorial Energia (OTCMKTS:EQUEY) Trading Up 10.3% – What’s Next?

Equatorial Energia S.A. (OTCMKTS:EQUEYGet Free Report)’s share price traded up 10.3% during mid-day trading on Monday . The stock traded as high as $5.80 and last traded at $5.80. 1,364 shares traded hands during trading, a decline of 41% from the average session volume of 2,328 shares. The stock had previously closed at $5.26.

Equatorial Energia Trading Up 10.3 %

The firm’s fifty day moving average is $5.09 and its 200-day moving average is $5.42.

Equatorial Energia Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, February 27th. Investors of record on Friday, February 21st were given a dividend of $0.0015 per share. The ex-dividend date of this dividend was Friday, February 21st. Equatorial Energia’s payout ratio is presently 29.66%.

About Equatorial Energia

(Get Free Report)

Equatorial Energia SA, through its subsidiaries, engages in the electricity generation, distribution, transmission, and sanitation operations in Brazil. It operates through Distribution, Transmission, Wind Generation, Services, Sanitation, and Other segments. The company generates energy from wind, solar, biomass, qualified co-generation, and hydroelectric plants.

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