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Engie (OTCMKTS:ENGIY) Sets New 52-Week High - Should You Buy?

Engie logo with Utilities background

Shares of Engie SA (OTCMKTS:ENGIY - Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as $19.66 and last traded at $19.60, with a volume of 1705893 shares. The stock had previously closed at $19.50.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Engie in a research note on Monday, March 3rd. Morgan Stanley reissued an "overweight" rating on shares of Engie in a research report on Tuesday, March 11th.

View Our Latest Analysis on Engie

Engie Price Performance

The company has a current ratio of 0.99, a quick ratio of 0.92 and a debt-to-equity ratio of 1.09. The business has a 50-day simple moving average of $17.85 and a 200-day simple moving average of $16.95.

Engie Company Profile

(Get Free Report)

ENGIE SA engages in the power, natural gas, and energy services businesses. It operates through Renewables, Networks, Energy Solutions, FlexGen, Retail, Nuclear, and Others segments. The Renewables segment comprises renewable energy generation activities, including financing, construction, operation, and maintenance of renewable energy facilities using various energy sources, such as hydroelectric, onshore wind, photovoltaic solar, offshore wind, and geothermal.

Further Reading

Should You Invest $1,000 in Engie Right Now?

Before you consider Engie, you'll want to hear this.

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