Engie Brasil Energia (OTCMKTS:EGIEY) Trading 4.8% Higher – What’s Next?

Engie Brasil Energia S.A. (OTCMKTS:EGIEY) rose 4.8% during trading on Monday . The stock traded as high as $6.36 and last traded at $6.36. Approximately 136,160 shares changed hands during mid-day trading, a decline of 32% from the average daily volume of 201,122 shares. The stock had previously closed at $6.07.

Analyst Upgrades and Downgrades

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

Engie Brasil Energia Price Performance

The business’s 50 day moving average is $6.06 and its two-hundred day moving average is $7.14. The firm has a market capitalization of $5.25 billion, a PE ratio of 6.49 and a beta of 0.54. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.19 and a quick ratio of 1.19.

Engie Brasil Energia (OTCMKTS:EGIEY) last released its earnings results on Tuesday, November 5th. The company reported $0.14 EPS for the quarter. The company had revenue of $457.51 million for the quarter. Engie Brasil Energia had a net margin of 39.47% and a return on equity of 27.48%. As a group, research analysts anticipate that Engie Brasil Energia S.A. will post 0.52 EPS for the current year.

About Engie Brasil Energia

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.