Equatorial Energia (OTCMKTS:EQUEY) Stock Price Up 10.3% – Should You Buy?

Equatorial Energia S.A. (OTCMKTS:EQUEYGet Free Report) shares rose 10.3% during mid-day trading on Monday . The stock traded as high as $5.80 and last traded at $5.80. Approximately 1,364 shares changed hands during mid-day trading, a decline of 41% from the average daily volume of 2,328 shares. The stock had previously closed at $5.26.

Equatorial Energia Stock Down 3.4 %

The company’s 50 day moving average price is $5.11 and its 200-day moving average price is $5.41.

Equatorial Energia Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 27th. Stockholders of record on Friday, February 21st were given a $0.0015 dividend. The ex-dividend date was Friday, February 21st. Equatorial Energia’s dividend payout ratio (DPR) is currently 29.66%.

About Equatorial Energia

(Get Free Report)

Equatorial Energia SA, through its subsidiaries, engages in the electricity generation, distribution, transmission, and sanitation operations in Brazil. It operates through Distribution, Transmission, Wind Generation, Services, Sanitation, and Other segments. The company generates energy from wind, solar, biomass, qualified co-generation, and hydroelectric plants.

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