Engie Brasil Energia (OTCMKTS:EGIEY) Trading 7.4% Higher – Here’s Why

Shares of Engie Brasil Energia S.A. (OTCMKTS:EGIEYGet Free Report) were up 7.4% during trading on Thursday . The stock traded as high as $7.16 and last traded at $7.13. Approximately 11,488 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 78,312 shares. The stock had previously closed at $6.64.

Engie Brasil Energia Trading Down 3.3 %

The company’s 50 day moving average price is $6.59 and its 200 day moving average price is $6.64. The company has a debt-to-equity ratio of 1.63, a quick ratio of 1.19 and a current ratio of 1.19. The company has a market cap of $5.63 billion, a price-to-earnings ratio of 6.97 and a beta of 0.30.

Engie Brasil Energia Company Profile

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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.

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