Companhia Paranaense de Energia - COPEL (NYSE:ELP - Get Free Report) shares hit a new 52-week low on Friday . The company traded as low as $6.43 and last traded at $6.46, with a volume of 18113 shares. The stock had previously closed at $6.65.
Companhia Paranaense de Energia - COPEL Stock Performance
The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.55 and a current ratio of 1.57. The company has a 50 day simple moving average of $7.27 and a two-hundred day simple moving average of $7.24.
Companhia Paranaense de Energia - COPEL (NYSE:ELP - Get Free Report) last released its earnings results on Thursday, August 8th. The utilities provider reported $0.03 earnings per share for the quarter. Companhia Paranaense de Energia - COPEL had a return on equity of 9.07% and a net margin of 10.87%. The company had revenue of $1.05 billion for the quarter.
Companhia Paranaense de Energia - COPEL Cuts Dividend
The firm also recently announced a Variable dividend, which will be paid on Monday, December 9th. Shareholders of record on Wednesday, October 2nd will be paid a dividend of $0.0705 per share. The ex-dividend date of this dividend is Wednesday, October 2nd.
Institutional Investors Weigh In On Companhia Paranaense de Energia - COPEL
Several large investors have recently made changes to their positions in the company. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Companhia Paranaense de Energia - COPEL in the 3rd quarter valued at approximately $514,000. Robeco Institutional Asset Management B.V. grew its stake in shares of Companhia Paranaense de Energia - COPEL by 20.0% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,550,046 shares of the utilities provider's stock valued at $11,532,000 after buying an additional 258,198 shares in the last quarter. Ballentine Partners LLC grew its stake in shares of Companhia Paranaense de Energia - COPEL by 16.6% in the 3rd quarter. Ballentine Partners LLC now owns 17,128 shares of the utilities provider's stock valued at $127,000 after buying an additional 2,441 shares in the last quarter. Signaturefd LLC lifted its holdings in Companhia Paranaense de Energia - COPEL by 12.6% in the 3rd quarter. Signaturefd LLC now owns 12,929 shares of the utilities provider's stock worth $96,000 after purchasing an additional 1,451 shares during the last quarter. Finally, Blue Trust Inc. lifted its holdings in Companhia Paranaense de Energia - COPEL by 66.4% in the 3rd quarter. Blue Trust Inc. now owns 29,503 shares of the utilities provider's stock worth $220,000 after purchasing an additional 11,774 shares during the last quarter. Institutional investors own 3.80% of the company's stock.
About Companhia Paranaense de Energia - COPEL
(
Get Free Report)
Companhia Paranaense de Energia - COPEL engages in the generation, transformation, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers in Brazil. The company operates through Power Generation and Transmission, Power Distribution, Power Sale, and Gas segments.
Featured Stories
Before you consider Companhia Paranaense de Energia - COPEL, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Companhia Paranaense de Energia - COPEL wasn't on the list.
While Companhia Paranaense de Energia - COPEL currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
