Engie SA (OTCMKTS:ENGIY - Get Free Report) saw a significant increase in short interest in December. As of December 31st, there was short interest totalling 34,600 shares, an increase of 77.4% from the December 15th total of 19,500 shares. Based on an average daily trading volume, of 455,700 shares, the short-interest ratio is currently 0.1 days.
Engie Price Performance
Shares of ENGIY traded up $0.09 during mid-day trading on Wednesday, hitting $16.33. 122,173 shares of the company traded hands, compared to its average volume of 173,372. The business has a 50-day moving average of $15.98 and a 200 day moving average of $16.46. Engie has a one year low of $13.98 and a one year high of $18.00.
Analyst Upgrades and Downgrades
Several research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft initiated coverage on Engie in a report on Wednesday, October 2nd. They issued a "hold" rating on the stock. Sanford C. Bernstein assumed coverage on Engie in a report on Wednesday, October 2nd. They set an "outperform" rating on the stock. Finally, Bank of America upgraded Engie from an "underperform" rating to a "neutral" rating in a research note on Wednesday, October 2nd.
Read Our Latest Stock Analysis on ENGIY
About Engie
(
Get Free Report)
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.
Further Reading
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