Companhia Paranaense de Energia - COPEL (NYSE:ELP - Get Free Report)'s share price hit a new 52-week low on Friday . The stock traded as low as $5.72 and last traded at $5.74, with a volume of 51024 shares. The stock had previously closed at $5.93.
Companhia Paranaense de Energia - COPEL Stock Down 2.5 %
The company has a quick ratio of 1.43, a current ratio of 1.45 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $3.16 billion, a PE ratio of 10.70 and a beta of 0.99. The business has a 50-day moving average price of $6.29 and a 200-day moving average price of $6.96.
Companhia Paranaense de Energia - COPEL (NYSE:ELP - Get Free Report) last issued its earnings results on Wednesday, November 6th. The utilities provider reported $0.07 earnings per share (EPS) for the quarter. The business had revenue of $1.03 billion during the quarter. Companhia Paranaense de Energia - COPEL had a return on equity of 11.88% and a net margin of 14.20%. Equities research analysts forecast that Companhia Paranaense de Energia - COPEL will post 0.12 earnings per share for the current fiscal year.
Companhia Paranaense de Energia - COPEL Cuts Dividend
The company also recently announced a dividend, which was paid on Thursday, January 2nd. Shareholders of record on Friday, December 13th were issued a $0.1441 dividend. The ex-dividend date was Friday, December 13th. Companhia Paranaense de Energia - COPEL's payout ratio is 31.48%.
Institutional Investors Weigh In On Companhia Paranaense de Energia - COPEL
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Companhia Paranaense de Energia - COPEL during the 3rd quarter worth approximately $34,000. GAMMA Investing LLC boosted its position in shares of Companhia Paranaense de Energia - COPEL by 61.2% during the third quarter. GAMMA Investing LLC now owns 5,380 shares of the utilities provider's stock worth $40,000 after buying an additional 2,043 shares during the period. Signaturefd LLC boosted its position in shares of Companhia Paranaense de Energia - COPEL by 12.6% during the third quarter. Signaturefd LLC now owns 12,929 shares of the utilities provider's stock worth $96,000 after buying an additional 1,451 shares during the period. Ballentine Partners LLC grew its stake in shares of Companhia Paranaense de Energia - COPEL by 16.6% in the third 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. Finally, Walleye Capital LLC purchased a new stake in shares of Companhia Paranaense de Energia - COPEL in the 3rd quarter valued at $135,000. Institutional investors and hedge funds own 3.80% of the company's stock.
Companhia Paranaense de Energia - COPEL Company Profile
(
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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.
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