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Engie Brasil Energia S.A. (OTCMKTS:EGIEY) Short Interest Up 1,268.8% in October

Engie Brasil Energia logo with Utilities background

Engie Brasil Energia S.A. (OTCMKTS:EGIEY - Get Free Report) saw a large growth in short interest in October. As of October 15th, there was short interest totalling 21,900 shares, a growth of 1,268.8% from the September 30th total of 1,600 shares. Based on an average trading volume of 21,100 shares, the short-interest ratio is currently 1.0 days.

Engie Brasil Energia Stock Down 1.0 %

Shares of EGIEY traded down $0.07 during midday trading on Friday, reaching $7.00. The stock had a trading volume of 10,312 shares, compared to its average volume of 9,628. The company has a market cap of $5.71 billion, a price-to-earnings ratio of 6.67 and a beta of 0.57. The company's fifty day simple moving average is $7.82 and its two-hundred day simple moving average is $8.06. Engie Brasil Energia has a 1-year low of $7.00 and a 1-year high of $9.62. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.19 and a quick ratio of 1.19.

Engie Brasil Energia (OTCMKTS:EGIEY - Get Free Report) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.20 earnings per share for the quarter. The company had revenue of $537.54 million for the quarter. Engie Brasil Energia had a return on equity of 31.69% and a net margin of 41.21%. Equities research analysts expect that Engie Brasil Energia will post 0.52 earnings per share for the current year.

Engie Brasil Energia Company Profile

(Get Free Report)

Engie Brasil Energia SA, together with its subsidiaries, generates, sells, and trades in electrical energy in Brazil. The company operates 76 plants, including 11 hydroelectric power plants; 1 thermal power plants; 50 wind farms; 3 biomass; 9 photovoltaic and solar power plant; and 2 small hydroelectric plants.

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