Engie Brasl Ega (OTCMKTS:EGIEY) Shares Gap Up – Here’s What Happened

Engie Brasl Ega (OTCMKTS:EGIEY) shares gapped up prior to trading on Friday . The stock had previously closed at $8.22, but opened at $8.60. Engie Brasl Ega shares last traded at $8.2550, with a volume of 10,121 shares.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded shares of Engie Brasl Ega to a “strong sell” rating in a report on Tuesday, October 7th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

Engie Brasl Ega Stock Up 0.6%

The firm’s fifty day simple moving average is $7.63 and its two-hundred day simple moving average is $7.55. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 1.81. The company has a market capitalization of $6.75 billion, a price-to-earnings ratio of 13.13 and a beta of 0.43.

Engie Brasl Ega Company Profile

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.