Companhia Paranaense de Energia (NYSE:ELPC) Stock Price Up 0.8% – What’s Next?

Companhia Paranaense de Energia (NYSE:ELPC)’s stock price traded up 0.8% during mid-day trading on Friday . The stock traded as high as $5.36 and last traded at $5.34. 4,534 shares were traded during mid-day trading, a decline of 87% from the average session volume of 34,622 shares. The stock had previously closed at $5.30.

Companhia Paranaense de Energia Price Performance

The company’s fifty day moving average is $5.73 and its two-hundred day moving average is $6.21.

Companhia Paranaense de Energia Dividend Announcement

The company also recently announced a dividend, which will be paid on Thursday, January 2nd. Investors of record on Friday, December 13th will be issued a dividend of $0.131 per share. The ex-dividend date of this dividend is Friday, December 13th.

Institutional Trading of Companhia Paranaense de Energia

A hedge fund recently raised its stake in Companhia Paranaense de Energia stock. SPX Gestao de Recursos Ltda increased its holdings in shares of Companhia Paranaense de Energia (NYSE:ELPC) by 1.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 458,294 shares of the company’s stock after buying an additional 8,417 shares during the period. SPX Gestao de Recursos Ltda’s holdings in Companhia Paranaense de Energia were worth $2,695,000 at the end of the most recent quarter.

Companhia Paranaense de Energia Company Profile

Companhia Paranaense de Energia – COPEL engages in the generation, transformation, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers in Brazil. The company operates through Power Generation and Transmission, Power Distribution, GAS, Power Sale, and Holding and Services segments.