Engie Brasil Energia S.A. (OTCMKTS:EGIEY - Get Free Report) saw a large drop in short interest in January. As of January 31st, there was short interest totalling 60,600 shares, a drop of 84.5% from the January 15th total of 391,800 shares. Based on an average daily volume of 269,300 shares, the short-interest ratio is currently 0.2 days.
Wall Street Analyst Weigh In
Separately, UBS Group lowered shares of Engie Brasil Energia from a "hold" rating to a "strong sell" rating in a report on Monday, November 11th.
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Engie Brasil Energia Trading Down 1.4 %
Shares of EGIEY stock traded down $0.09 on Friday, hitting $6.45. 37,302 shares of the stock traded hands, compared to its average volume of 143,160. The stock has a market capitalization of $5.26 billion, a PE ratio of 6.52 and a beta of 0.54. Engie Brasil Energia has a twelve month low of $5.54 and a twelve month high of $9.35. The firm's 50-day moving average price is $6.08 and its two-hundred day moving average price is $6.99. The company has a debt-to-equity ratio of 1.63, a quick ratio of 1.19 and a current ratio of 1.19.
Engie Brasil Energia Company Profile
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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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