Zacks Research initiated coverage on shares of Engie Brasl Ega (OTCMKTS:EGIEY – Free Report) in a research report report published on Wednesday,Zacks reports. The firm issued a hold rating on the stock.
Engie Brasl Ega Stock Performance
Shares of OTCMKTS:EGIEY opened at $5.00 on Wednesday. The firm has a 50 day moving average of $5.95 and a 200 day moving average of $6.37. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.75. The company has a market capitalization of $5.71 billion, a price-to-earnings ratio of 7.61 and a beta of 0.34. Engie Brasl Ega has a 52 week low of $4.95 and a 52 week high of $9.50.
About Engie Brasl Ega
ENGIE Brasil Energia SA is a Brazilian energy company engaged primarily in the generation, commercialization and trading of electricity. The company operates a diversified portfolio of power assets, including hydroelectric, thermoelectric, wind, solar and biomass facilities, and supplies electricity to commercial, industrial and other institutional customers.
The company’s operations are concentrated in Brazil, where it has developed and manages infrastructure supporting the country’s electricity system.
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