Engie (OTCMKTS:ENGIY) Reaches New 1-Year High – What’s Next?

Shares of Engie SA (OTCMKTS:ENGIY) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $19.27 and last traded at $19.24, with a volume of 135741 shares. The stock had previously closed at $19.08.

Analyst Ratings Changes

ENGIY has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Engie in a research report on Monday, March 3rd. Morgan Stanley reaffirmed an “overweight” rating on shares of Engie in a report on Tuesday, March 11th.

Engie Stock Up 0.8 %

The company has a current ratio of 0.99, a quick ratio of 0.92 and a debt-to-equity ratio of 1.09. The business has a fifty day simple moving average of $17.24 and a 200 day simple moving average of $16.82.

About Engie

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.