Engie Brasil Energia (OTCMKTS:EGIEY) Stock Price Up 7.4% – Still a Buy?

Engie Brasil Energia S.A. (OTCMKTS:EGIEYGet Free Report)’s stock price was up 7.4% during mid-day trading on Thursday . The company traded as high as $7.16 and last traded at $7.13. Approximately 11,488 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 78,312 shares. The stock had previously closed at $6.64.

Engie Brasil Energia Stock Down 3.3 %

The company has a market capitalization of $5.63 billion, a P/E ratio of 6.97 and a beta of 0.30. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 1.63. The firm has a fifty day simple moving average of $6.59 and a 200-day simple moving average of $6.64.

Engie Brasil Energia Company Profile

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Engie Brasil Energia SA, together with its subsidiaries, generates, sells, and trades in electrical energy in Brazil. The company operates 76 plants, including 11 hydroelectric power plants; 1 thermal power plants; 50 wind farms; 3 biomass; 9 photovoltaic and solar power plant; and 2 small hydroelectric plants.

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