Companhia Paranaense de Energia (NYSE:ELPC - Get Free Report) shares were up 3.1% during mid-day trading on Thursday . The stock traded as high as $6.77 and last traded at $6.97. Approximately 256 shares were traded during trading, a decline of 99% from the average daily volume of 17,298 shares. The stock had previously closed at $6.76.
Companhia Paranaense de Energia Stock Performance
The company has a market cap of $6.70 billion, a price-to-earnings ratio of 8.94 and a beta of -0.31. The firm's 50 day simple moving average is $6.26 and its 200-day simple moving average is $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 firm 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 stake in shares of Companhia Paranaense de Energia (NYSE:ELPC - Free Report) by 32.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 68,091 shares of the company's stock after acquiring 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 SEC filing.
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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