Companhia Paranaense de Energia - COPEL (NYSE:ELP - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $6.75 and traded as high as $7.41. Companhia Paranaense de Energia - COPEL shares last traded at $7.37, with a volume of 117,300 shares changing hands.
Companhia Paranaense de Energia - COPEL Stock Down 1.3 %
The company has a current ratio of 1.45, a quick ratio of 1.43 and a debt-to-equity ratio of 0.51. The company has a market cap of $4.00 billion, a price-to-earnings ratio of 42.97 and a beta of 1.01. The business has a fifty day moving average price of $6.76 and a two-hundred day moving average price of $6.76.
Companhia Paranaense de Energia - COPEL (NYSE:ELP - Get Free Report) last released its earnings results on Friday, February 28th. The utilities provider reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.26 by ($0.23). Companhia Paranaense de Energia - COPEL had a return on equity of 11.88% and a net margin of 14.20%. The company had revenue of $1.03 billion during the quarter, compared to analysts' expectations 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 year.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the company. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Companhia Paranaense de Energia - COPEL in the 3rd quarter valued at approximately $34,000. R Squared Ltd bought a new stake in Companhia Paranaense de Energia - COPEL in the fourth quarter worth approximately $31,000. PNC Financial Services Group Inc. raised its holdings in shares of Companhia Paranaense de Energia - COPEL by 78.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 8,754 shares of the utilities provider's stock valued at $52,000 after purchasing an additional 3,849 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of Companhia Paranaense de Energia - COPEL during the 4th quarter valued at $56,000. Finally, First Affirmative Financial Network acquired a new stake in shares of Companhia Paranaense de Energia - COPEL in the 4th quarter valued at $64,000. 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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