ENGIE (OTCMKTS:ENGIY) Sees Strong Trading Volume – Here’s Why

ENGIE – Sponsored ADR (OTCMKTS:ENGIY) saw unusually-strong trading volume on Monday . Approximately 238,300 shares changed hands during mid-day trading, an increase of 4% from the previous session’s volume of 228,636 shares.The stock last traded at $24.5550 and had previously closed at $24.63.

Wall Street Analyst Weigh In

Separately, Zacks Research cut shares of ENGIE from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy”.

ENGIE Stock Performance

The company has a debt-to-equity ratio of 1.09, a current ratio of 1.06 and a quick ratio of 1.00. The stock’s 50-day moving average price is $22.07 and its 200-day moving average price is $22.00.

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.