ENGIE (ENGIY) Set to Release Quarterly Earnings on Thursday

ENGIE (OTCMKTS:ENGIY) will likely be posting its results before the market opens on Thursday, November 5th. Analysts expect ENGIE to post earnings of $0.3291 per share and revenue of $17.18 billion for the quarter.

ENGIE Stock Performance

Shares of OTCMKTS:ENGIY traded down $0.22 during trading on Tuesday, hitting $26.07. 22,112 shares of the stock traded hands, compared to its average volume of 230,748. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.00 and a quick ratio of 0.94. The company has a fifty day moving average price of $26.84 and a two-hundred day moving average price of $30.20. ENGIE has a 52-week low of $23.80 and a 52-week high of $35.16.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut shares of ENGIE from a “strong-buy” rating to a “hold” rating in a report on Friday, July 10th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, ENGIE presently has an average rating of “Moderate Buy”.

About ENGIE

ENGIE is a French multinational energy company that develops, owns, and operates energy infrastructure and provides energy-related services. Its activities span renewable power generation, energy supply and management, electricity and gas networks, and solutions designed to improve energy efficiency and support the transition to lower-carbon energy systems.

The company’s portfolio includes wind, solar, hydroelectric, and other renewable energy projects, along with flexible and thermal power-generation assets.