Engie (OTCMKTS:ENGIY) Hits New 12-Month High – Still a Buy?

Engie SA (OTCMKTS:ENGIY)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $18.90 and last traded at $18.78, with a volume of 79979 shares changing hands. The stock had previously closed at $18.82.

Analyst Ratings Changes

ENGIY has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Engie in a research report on Monday, March 3rd. Morgan Stanley reaffirmed an “overweight” rating on shares of Engie in a research report on Tuesday, March 11th.

Engie Stock Performance

The stock has a fifty day moving average of $16.92 and a 200 day moving average of $16.76. The company has a current ratio of 0.99, a quick ratio of 0.92 and a debt-to-equity ratio of 1.09.

About Engie

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.