Engie Brasl Ega (OTCMKTS:EGIEY) Shares Up 4.7% – What’s Next?

Engie Brasl Ega (OTCMKTS:EGIEY – Get Free Report) traded up 4.7% during mid-day trading on Monday. The stock traded as high as $6.70 and last traded at $6.70. 1,619 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 49,036 shares. The stock had previously closed at $6.40.

Engie Brasl Ega Stock Performance

The company’s fifty day simple moving average is $5.91 and its 200 day simple moving average is $6.43. The stock has a market capitalization of $7.14 billion, a P/E ratio of 9.51 and a beta of 0.34. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.75.

Engie Brasl Ega Company Profile

(Get Free Report)

Engie Brasil Energia SA is a Brazilian electric power company and a subsidiary of the global ENGIE Group. Formerly known as Tractebel Energia, the company was established in 1998 and adopted the Engie Brasil Energia name in 2018.

The company develops, constructs, owns and operates power-generation facilities in Brazil. Its portfolio includes hydroelectric, thermal, wind, solar and biomass-based generation assets, providing electricity for Brazil’s interconnected power system and commercial customers.

Engie Brasil Energia also participates in the commercialization and trading of electricity and has expanded its activities through investments in renewable-energy projects and related infrastructure.

Further Reading

Receive News & Ratings for Engie Brasl Ega Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Engie Brasl Ega and related companies with MarketBeat.com's FREE daily email newsletter.