Engie Brasl Ega (OTCMKTS:EGIEY) Trading Down 6.1% – Should You Sell?

Engie Brasl Ega (OTCMKTS:EGIEY)’s share price traded down 6.1% on Tuesday . The company traded as low as $5.35 and last traded at $5.35. 15,122 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 70,188 shares. The stock had previously closed at $5.70.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded shares of Engie Brasl Ega to a “strong sell” rating in a research report on Tuesday, October 7th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Engie Brasl Ega has a consensus rating of “Sell”.

Engie Brasl Ega Trading Up 7.1%

The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.95. The company’s 50 day moving average is $7.45 and its 200 day moving average is $7.54.

About Engie Brasl Ega

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.