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

Companhia Paranaense de Energia logo with Utilities background

Companhia Paranaense de Energia (NYSE:ELPC - Get Free Report)'s stock price gapped up before the market opened on Monday . The stock had previously closed at $5.67, but opened at $5.87. Companhia Paranaense de Energia shares last traded at $5.87, with a volume of 793 shares changing hands.

Companhia Paranaense de Energia Trading Up 4.1 %

The stock's 50-day moving average is $6.51 and its two-hundred day moving average is $6.43.

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

Companhia Paranaense de Energia Dividend Announcement

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

Institutional Trading of Companhia Paranaense de Energia

An institutional investor recently raised its position in Companhia Paranaense de Energia stock. SPX Gestao de Recursos Ltda raised its position in Companhia Paranaense de Energia (NYSE:ELPC - Free Report) by 1.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 458,294 shares of the company's stock after purchasing 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 SEC filing.

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.

Further Reading

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