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Companhia Paranaense de Energia (NYSE:ELPC) Shares Gap Up - Here's What Happened

Companhia Paranaense de Energia logo with Utilities background

Shares of Companhia Paranaense de Energia (NYSE:ELPC - Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $6.05, but opened at $6.37. Companhia Paranaense de Energia shares last traded at $6.25, with a volume of 828 shares.

Companhia Paranaense de Energia Price Performance

The stock has a 50-day simple moving average of $5.54 and a 200-day simple moving average of $6.07.

Companhia Paranaense de Energia Announces Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, December 13th were paid a $0.131 dividend. The ex-dividend date was Friday, December 13th.

Institutional Trading of Companhia Paranaense de Energia

An institutional investor recently raised its position in Companhia Paranaense de Energia stock. SPX Gestao de Recursos Ltda lifted its position in Companhia Paranaense de Energia (NYSE:ELPC - Free Report) by 32.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,091 shares of the company's stock after buying an additional 16,780 shares during the quarter. SPX Gestao de Recursos Ltda's holdings in Companhia Paranaense de Energia were worth $355,000 at the end of the most recent quarter.

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.

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