Zacks Research Begins Coverage on Engie Brasl Ega (OTCMKTS:EGIEY)

Stock analysts at Zacks Research started coverage on shares of Engie Brasl Ega (OTCMKTS:EGIEY – Get Free Report) in a report released on Wednesday, Zacks reports. The brokerage set a “hold” rating on the stock.

Engie Brasl Ega Stock Down 0.8%

OTCMKTS:EGIEY opened at $5.00 on Wednesday. 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 has a twelve month low of $4.95 and a twelve month high of $9.50. The company has a market cap of $5.71 billion, a PE ratio of 7.61 and a beta of 0.34. The company’s 50 day moving average is $5.95 and its two-hundred day moving average is $6.37.

About Engie Brasl Ega

(Get Free Report)

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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