Companhia Paranaense de Energia - COPEL (NYSE:ELP - Get Free Report)'s share price gapped up before the market opened on Thursday . The stock had previously closed at $7.41, but opened at $7.64. Companhia Paranaense de Energia - COPEL shares last traded at $7.77, with a volume of 22,698 shares traded.
Companhia Paranaense de Energia - COPEL Trading Down 2.2 %
The company has a market capitalization of $3.83 billion, a P/E ratio of 41.16 and a beta of 0.71. The business has a 50 day moving average price of $7.03 and a 200 day moving average price of $6.72. The company has a current ratio of 1.45, a quick ratio of 1.43 and a debt-to-equity ratio of 0.51.
Companhia Paranaense de Energia - COPEL (NYSE:ELP - Get Free Report) last released its quarterly earnings data on Friday, February 28th. The utilities provider reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.23). Companhia Paranaense de Energia - COPEL had a net margin of 14.20% and a return on equity of 11.88%. The business had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $657.55 million. Analysts anticipate that Companhia Paranaense de Energia - COPEL will post 0.12 EPS for the current year.
Institutional Investors Weigh In On Companhia Paranaense de Energia - COPEL
A number of hedge funds and other institutional investors have recently made changes to their positions in ELP. R Squared Ltd bought a new position in Companhia Paranaense de Energia - COPEL during the 4th quarter worth about $31,000. PNC Financial Services Group Inc. grew its holdings in shares of Companhia Paranaense de Energia - COPEL by 78.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 8,754 shares of the utilities provider's stock worth $52,000 after buying an additional 3,849 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Companhia Paranaense de Energia - COPEL in the 4th quarter valued at approximately $56,000. First Affirmative Financial Network bought a new stake in Companhia Paranaense de Energia - COPEL in the 4th quarter valued at approximately $64,000. Finally, Mercer Global Advisors Inc. ADV acquired a new position in Companhia Paranaense de Energia - COPEL during the 4th quarter worth approximately $68,000. 3.80% of the stock is currently owned by institutional investors and hedge funds.
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.
See Also
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
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
