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Companhia Paranaense de Energia (NYSE:ELPC) Shares Gap Down - Here's What Happened

Companhia Paranaense de Energia logo with Utilities background

Companhia Paranaense de Energia (NYSE:ELPC - Get Free Report) shares gapped down prior to trading on Friday . The stock had previously closed at $6.36, but opened at $6.21. Companhia Paranaense de Energia shares last traded at $6.22, with a volume of 843 shares changing hands.

Companhia Paranaense de Energia Trading Down 0.3 %

The firm's 50-day moving average price is $6.69 and its 200 day moving average price is $6.47.

Companhia Paranaense de Energia (NYSE:ELPC - Get Free Report) last posted its earnings results on Thursday, August 8th. The company reported $0.12 EPS for the quarter. The business had revenue of $1.05 billion for the quarter.

Companhia Paranaense de Energia Dividend Announcement

The company also recently declared a Variable dividend, which will be paid on Monday, December 9th. Investors of record on Wednesday, October 2nd will be issued a dividend of $0.0641 per share. The ex-dividend date is Wednesday, October 2nd.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Companhia Paranaense de Energia stock. SPX Gestao de Recursos Ltda raised its stake in Companhia Paranaense de Energia (NYSE:ELPC - Free Report) by 1.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 458,294 shares of the company's stock after acquiring an additional 8,417 shares during the quarter. SPX Gestao de Recursos Ltda's holdings in Companhia Paranaense de Energia were worth $2,695,000 as of its most recent filing with the Securities & Exchange Commission.

Companhia Paranaense de Energia Company Profile

(Get Free Report)

Companhia Paranaense de Energia - COPEL engages in the generation, transformation, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers in Brazil. The company operates through Power Generation and Transmission, Power Distribution, GAS, Power Sale, and Holding and Services segments.

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