Companhia Paranaense de Energia (NYSE:ELPC - Get Free Report)'s stock price traded down 8% during trading on Monday . The stock traded as low as $6.46 and last traded at $6.37. 4,214 shares were traded during mid-day trading, a decline of 75% from the average session volume of 16,640 shares. The stock had previously closed at $6.93.
Companhia Paranaense de Energia Trading Up 2.0 %
The firm has a 50-day simple moving average of $6.32 and a two-hundred day simple moving average of $5.97. The company has a market capitalization of $6.97 billion, a price-to-earnings ratio of 9.30 and a beta of -0.31.
Companhia Paranaense de Energia (NYSE:ELPC - Get Free Report) last posted its earnings results on Friday, February 28th. The company reported $0.13 EPS for the quarter. The company had revenue of $1.03 billion for the quarter.
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 position in Companhia Paranaense de Energia (NYSE:ELPC - Free Report) by 32.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 68,091 shares of the company's stock after buying an additional 16,780 shares during the period. SPX Gestao de Recursos Ltda's holdings in Companhia Paranaense de Energia were worth $355,000 at the end of the most recent quarter.
About Companhia Paranaense de Energia
(
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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, GAS, Power Sale, and Holding and Services segments.
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