Shares of Companhia Paranaense de Energia (NYSE:ELPC - Get Free Report) saw an uptick in trading volume on Wednesday . 82,355 shares changed hands during trading, an increase of 372% from the previous session's volume of 17,464 shares.The stock last traded at $6.61 and had previously closed at $6.74.
Companhia Paranaense de Energia Price Performance
The stock has a market cap of $6.75 billion, a price-to-earnings ratio of 9.01 and a beta of -0.31. The business has a 50-day simple moving average of $6.25 and a two-hundred day simple moving average of $5.97.
Companhia Paranaense de Energia (NYSE:ELPC - Get Free Report) last announced its quarterly earnings results on Friday, February 28th. The company reported $0.13 earnings per share (EPS) for the quarter. The business had revenue of $1.03 billion for the quarter.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Companhia Paranaense de Energia stock. SPX Gestao de Recursos Ltda increased its position in shares of Companhia Paranaense de Energia (NYSE:ELPC - Free Report) by 32.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 68,091 shares of the company's stock after purchasing an additional 16,780 shares during the period. SPX Gestao de Recursos Ltda's holdings in Companhia Paranaense de Energia were worth $355,000 as of its most recent filing with the Securities and Exchange Commission.
Companhia Paranaense de Energia Company Profile
(
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, GAS, Power Sale, and Holding and Services segments.
Further Reading
Before you consider Companhia Paranaense de Energia, 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 wasn't on the list.
While Companhia Paranaense de Energia 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 list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.