Engie (OTCMKTS:ENGIY) Hits New 12-Month High - Should You Buy?

Engie SA (OTCMKTS:ENGIY - Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $19.27 and last traded at $19.24, with a volume of 135741 shares changing hands. The stock had previously closed at $19.08.

Wall Street Analyst Weigh In

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

Engie Stock Performance

The stock has a fifty day simple moving average of $17.48 and a two-hundred day simple moving average of $16.87. The company has a quick ratio of 0.92, a current ratio of 0.99 and a debt-to-equity ratio of 1.09.

Engie Company Profile

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.