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Engie Brasil Energia (OTCMKTS:EGIEY) Hits New 52-Week Low - Here's Why

From Market Beat

Engie Brasil Energia (OTCMKTS:EGIEY) Hits New 52-Week Low  - Here's Why

Engie Brasil Energia S.A. (OTCMKTS:EGIEY - Get Free Report) hit a new 52-week low during trading on Friday . The company traded as low as $6.14 and last traded at $6.23, with a volume of 20493 shares. The stock had previously closed at $6.28.

Separately, UBS Group cut shares of Engie Brasil Energia from a "hold" rating to a "strong sell" rating in a research report on Monday, November 11th.

View Our Latest Stock Report on Engie Brasil Energia

The company has a debt-to-equity ratio of 1.63, a current ratio of 1.19 and a quick ratio of 1.19. The firm has a market cap of $5.08 billion, a price-to-earnings ratio of 6.34 and a beta of 0.58. The firm's fifty day moving average is $7.16 and its two-hundred day moving average is $7.85.

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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