Companhia Paranaense de Energia - COPEL (NYSE:ELP - Get Free Report)'s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $6.83 and traded as high as $7.24. Companhia Paranaense de Energia - COPEL shares last traded at $7.17, with a volume of 149,768 shares changing hands.
Companhia Paranaense de Energia - COPEL Stock Down 0.2 %
The company has a 50 day moving average of $6.33 and a 200 day moving average of $6.84. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.45 and a quick ratio of 1.43.
Companhia Paranaense de Energia - COPEL Cuts Dividend
The company also recently declared a dividend, which was paid on Thursday, January 2nd. Shareholders of record on Friday, December 13th were given a dividend of $0.1441 per share. The ex-dividend date was Friday, December 13th.
Institutional Investors Weigh In On Companhia Paranaense de Energia - COPEL
A number of institutional investors have recently added to or reduced their stakes in the company. Hsbc Holdings PLC grew its position in Companhia Paranaense de Energia - COPEL by 1.6% during the fourth quarter. Hsbc Holdings PLC now owns 89,438 shares of the utilities provider's stock valued at $525,000 after acquiring an additional 1,407 shares during the period. Signaturefd LLC grew its position in 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 valued at $96,000 after acquiring an additional 1,451 shares during the period. Ballentine Partners LLC grew its position in Companhia Paranaense de Energia - COPEL by 16.6% during the third quarter. Ballentine Partners LLC now owns 17,128 shares of the utilities provider's stock valued at $127,000 after acquiring an additional 2,441 shares during the period. PNC Financial Services Group Inc. grew its position in 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 valued at $52,000 after acquiring an additional 3,849 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in Companhia Paranaense de Energia - COPEL during the third quarter valued at about $34,000. Hedge funds and other institutional investors own 3.80% of the company's stock.
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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