Engie Brasil Energia S.A. (OTCMKTS:EGIEY) Sees Significant Decline in Short Interest

Engie Brasil Energia S.A. (OTCMKTS:EGIEY - Get Free Report) was the target of a large drop in short interest in February. As of February 15th, there was short interest totalling 53,500 shares, a drop of 11.7% from the January 31st total of 60,600 shares. Based on an average daily volume of 111,100 shares, the short-interest ratio is currently 0.5 days.

Analyst Upgrades and Downgrades

Separately, UBS Group lowered shares of Engie Brasil Energia from a "hold" rating to a "strong sell" rating in a research report on Monday, November 11th.

Engie Brasil Energia Trading Down 2.7 %

EGIEY stock traded down $0.18 on Monday, hitting $6.44. 8,708 shares of the company were exchanged, compared to its average volume of 105,116. Engie Brasil Energia has a twelve month low of $5.54 and a twelve month high of $9.35. The business's fifty day moving average is $6.24 and its two-hundred day moving average is $6.81. The stock has a market capitalization of $5.25 billion, a price-to-earnings ratio of 6.51 and a beta of 0.44. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.19 and a quick ratio of 1.19.

Engie Brasil Energia Company Profile

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.