Engie Brasl Ega (OTCMKTS:EGIEY) Reaches New 52-Week High – Here’s What Happened

Engie Brasl Ega (OTCMKTS:EGIEY) hit a new 52-week high during trading on Wednesday . The stock traded as high as $10.49 and last traded at $8.05, with a volume of 55804 shares. The stock had previously closed at $9.02.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group raised shares of Engie Brasl Ega to a “strong sell” rating in a report on Tuesday, October 7th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Engie Brasl Ega Price Performance

The business has a 50-day moving average of $7.88 and a two-hundred day moving average of $7.67. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 1.81. The firm has a market cap of $6.57 billion, a P/E ratio of 12.58 and a beta of 0.27.

Engie Brasl Ega Company Profile

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.