Engie Brasil Energia (OTCMKTS:EGIEY) Shares Down 0.3% – Here’s Why

Engie Brasil Energia S.A. (OTCMKTS:EGIEY) shares traded down 0.3% during mid-day trading on Monday . The stock traded as low as $6.37 and last traded at $6.56. 20,263 shares traded hands during trading, a decline of 84% from the average session volume of 130,514 shares. The stock had previously closed at $6.58.

Analyst Ratings Changes

Separately, UBS Group lowered shares of Engie Brasil Energia from a “hold” rating to a “strong sell” rating in a research report on Monday, November 11th.

Engie Brasil Energia Trading Down 0.3 %

The company has a fifty day moving average of $6.13 and a 200-day moving average of $6.93. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 1.63. The company has a market capitalization of $5.35 billion, a price-to-earnings ratio of 6.63 and a beta of 0.54.

About Engie Brasil Energia

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.