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Companhia Paranaense de Energia (NYSE:ELPC) Shares Gap Down - What's Next?

Companhia Paranaense de Energia logo with Utilities background

Shares of Companhia Paranaense de Energia (NYSE:ELPC - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $5.69, but opened at $5.56. Companhia Paranaense de Energia shares last traded at $5.63, with a volume of 23,054 shares traded.

Companhia Paranaense de Energia Trading Up 0.6 %

The firm has a 50-day moving average price of $5.49 and a two-hundred day moving average price of $6.12.

Companhia Paranaense de Energia (NYSE:ELPC - Get Free Report) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $0.30 earnings per share for the quarter. The firm had revenue of $1.03 billion for the quarter.

Companhia Paranaense de Energia Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, December 13th were issued a dividend of $0.131 per share. The ex-dividend date of this dividend was Friday, December 13th.

Hedge Funds Weigh In On Companhia Paranaense de Energia

A hedge fund recently raised its stake in Companhia Paranaense de Energia stock. SPX Gestao de Recursos Ltda raised its holdings in Companhia Paranaense de Energia (NYSE:ELPC - Free Report) by 1.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 458,294 shares of the company's stock after purchasing an additional 8,417 shares during the quarter. SPX Gestao de Recursos Ltda's holdings in Companhia Paranaense de Energia were worth $2,695,000 as of its most recent SEC filing.

About Companhia Paranaense de Energia

(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.

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