Research analysts at Zacks Research initiated coverage on shares of Engie Brasl Ega (OTCMKTS:EGIEY – Get Free Report) in a research report issued to clients and investors on Wednesday, Zacks reports. The brokerage set a “hold” rating on the stock.
Engie Brasl Ega Stock Down 0.8%
EGIEY opened at $5.00 on Wednesday. The company has a market capitalization of $5.71 billion, a PE ratio of 7.61 and a beta of 0.34. The company has a debt-to-equity ratio of 1.75, a current ratio of 1.09 and a quick ratio of 1.09. Engie Brasl Ega has a fifty-two week low of $4.95 and a fifty-two week high of $9.50. The business has a 50-day moving average of $5.95 and a 200-day moving average of $6.37.
About Engie Brasl Ega
ENGIE Brasil Energia SA is a Brazilian energy company engaged primarily in the generation, commercialization and trading of electricity. The company operates a diversified portfolio of power assets, including hydroelectric, thermoelectric, wind, solar and biomass facilities, and supplies electricity to commercial, industrial and other institutional customers.
The company’s operations are concentrated in Brazil, where it has developed and manages infrastructure supporting the country’s electricity system.
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