Companhia Paranaense de Energia - COPEL (NYSE:ELP - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $6.77 and traded as high as $6.88. Companhia Paranaense de Energia - COPEL shares last traded at $6.70, with a volume of 113,436 shares trading hands.
Companhia Paranaense de Energia - COPEL Stock Up 1.7 %
The company has a 50-day moving average of $6.56 and a 200-day moving average of $6.77. The company has a market capitalization of $3.82 billion, a price-to-earnings ratio of 41.03 and a beta of 1.01. 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 announced its earnings results on Friday, February 28th. The utilities provider reported $0.03 earnings per share (EPS) 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 analyst estimates of $657.55 million. On average, equities analysts predict that Companhia Paranaense de Energia - COPEL will post 0.12 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in ELP. Connor Clark & Lunn Investment Management Ltd. acquired a new position in Companhia Paranaense de Energia - COPEL during the 3rd quarter valued at about $514,000. Dynamic Technology Lab Private Ltd purchased a new stake in Companhia Paranaense de Energia - COPEL during the 3rd quarter valued at about $171,000. Walleye Capital LLC purchased a new stake in Companhia Paranaense de Energia - COPEL during the 3rd quarter valued at about $135,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Companhia Paranaense de Energia - COPEL during the 3rd quarter valued at about $34,000. Finally, Quantinno Capital Management LP grew its stake in Companhia Paranaense de Energia - COPEL by 33.1% during the 3rd quarter. Quantinno Capital Management LP now owns 21,909 shares of the utilities provider's stock valued at $163,000 after purchasing an additional 5,445 shares during the last quarter. 3.80% of the stock is owned by institutional investors and hedge funds.
About Companhia Paranaense de Energia - COPEL
(
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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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