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Engie Brasil Energia (OTCMKTS:EGIEY) Stock Price Up 7.4% - Here's Why

Engie Brasil Energia logo with Utilities background

Shares of Engie Brasil Energia S.A. (OTCMKTS:EGIEY - Get Free Report) were up 7.4% during mid-day trading on Thursday . The stock traded as high as $7.16 and last traded at $7.13. Approximately 11,488 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 78,312 shares. The stock had previously closed at $6.64.

Engie Brasil Energia Trading Down 4.3 %

The firm has a market capitalization of $5.39 billion, a PE ratio of 6.67 and a beta of 0.30. The firm has a 50 day simple moving average of $6.59 and a 200 day simple moving average of $6.61. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 1.63.

Engie Brasil Energia Company Profile

(Get Free Report)

Engie Brasil Energia SA, together with its subsidiaries, generates, sells, and trades in electrical energy in Brazil. The company operates 76 plants, including 11 hydroelectric power plants; 1 thermal power plants; 50 wind farms; 3 biomass; 9 photovoltaic and solar power plant; and 2 small hydroelectric plants.

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