Equatorial Energia S.A. (OTCMKTS:EQUEY – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $7.89 and traded as low as $6.21. Equatorial Energia shares last traded at $6.56, with a volume of 43,703 shares changing hands.
Equatorial Energia Trading Down 32.5%
The business has a 50-day moving average of $8.08 and a two-hundred day moving average of $7.89.
Equatorial Energia Company Profile
Equatorial Energia SA is a Brazilian utility company engaged primarily in the distribution of electric power. Through regulated concessionaires, the company serves residential, commercial and industrial customers across several Brazilian states, including Maranhão, Pará, Piauí, Alagoas, Amapá, Goiás and Rio Grande do Sul.
The company’s operations include electricity distribution, power generation and transmission, as well as related infrastructure and utility services. Equatorial has also expanded into the sanitation sector, providing water and wastewater services through its regulated concessions.
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