Engie (OTCMKTS:ENGIY) Reaches New 12-Month High – Should You Buy?

Engie SA (OTCMKTS:ENGIYGet Free Report)’s share price reached a new 52-week high on Monday . The company traded as high as $18.78 and last traded at $18.57, with a volume of 73724 shares trading hands. The stock had previously closed at $18.39.

Analysts Set New Price Targets

ENGIY has been the subject of several research reports. Morgan Stanley reissued an “overweight” rating on shares of Engie in a report on Tuesday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Engie in a research report on Monday, March 3rd.

Check Out Our Latest Stock Report on Engie

Engie Stock Performance

The company has a quick ratio of 0.92, a current ratio of 0.99 and a debt-to-equity ratio of 1.09. The business has a 50 day simple moving average of $16.75 and a two-hundred day simple moving average of $16.73.

About Engie

(Get Free Report)

ENGIE SA engages in the power, natural gas, and energy services businesses. It operates through Renewables, Networks, Energy Solutions, FlexGen, Retail, Nuclear, and Others segments. The Renewables segment comprises renewable energy generation activities, including financing, construction, operation, and maintenance of renewable energy facilities using various energy sources, such as hydroelectric, onshore wind, photovoltaic solar, offshore wind, and geothermal.

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