Shares of Engie Brasl Ega (OTCMKTS:EGIEY – Get Free Report) were up 4.7% during mid-day trading on Monday. The company traded as high as $6.70 and last traded at $6.70. 1,619 shares changed hands during mid-day trading, a decline of 97% from the average session volume of 49,036 shares. The stock had previously closed at $6.40.
Engie Brasl Ega Trading Up 2.5%
The stock has a fifty day simple moving average of $5.90 and a 200 day simple moving average of $6.43. The firm has a market capitalization of $7.49 billion, a P/E ratio of 9.98 and a beta of 0.34. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.75.
Engie Brasl Ega Company Profile
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.
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