Engie (OTCMKTS:ENGIY) Reaches New 1-Year High – Time to Buy?

Engie SA (OTCMKTS:ENGIY)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $19.66 and last traded at $19.60, with a volume of 1705893 shares traded. The stock had previously closed at $19.50.

Analyst Ratings Changes

A number of research analysts have commented on ENGIY shares. Morgan Stanley reiterated an “overweight” rating on shares of Engie in a research report on Tuesday, March 11th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Engie in a research report on Monday, March 3rd.

Engie Price Performance

The firm’s 50-day simple moving average is $17.54 and its 200 day simple moving average is $16.88. The company has a current ratio of 0.99, a quick ratio of 0.92 and a debt-to-equity ratio of 1.09.

Engie Company Profile

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.