Engie SA (OTCMKTS:ENGIY - Get Free Report)'s share price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $16.10 and traded as low as $15.52. Engie shares last traded at $15.84, with a volume of 139,626 shares trading hands.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on ENGIY. Deutsche Bank Aktiengesellschaft assumed coverage on Engie in a research note on Wednesday, October 2nd. They issued a "hold" rating on the stock. Bank of America upgraded Engie from an "underperform" rating to a "neutral" rating in a report on Wednesday, October 2nd. Finally, Sanford C. Bernstein initiated coverage on Engie in a research note on Wednesday, October 2nd. They issued an "outperform" rating for the company.
Check Out Our Latest Research Report on ENGIY
Engie Stock Up 0.7 %
The firm's 50-day moving average price is $16.08 and its 200 day moving average price is $16.33.
Engie Company Profile
(
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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.
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