ENGIE (OTCMKTS:ENGIY) Hits New 52-Week High – Here’s What Happened

ENGIE – Sponsored ADR (OTCMKTS:ENGIY)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $25.74 and last traded at $25.5380, with a volume of 16442 shares traded. The stock had previously closed at $25.59.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on ENGIY shares. Zacks Research downgraded shares of ENGIE from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 20th. Royal Bank Of Canada assumed coverage on ENGIE in a report on Tuesday, November 25th. They issued an “outperform” rating on the stock. Barclays reaffirmed an “overweight” rating on shares of ENGIE in a report on Thursday, December 11th. Morgan Stanley reissued an “overweight” rating on shares of ENGIE in a research note on Friday, November 14th. Finally, Citigroup restated a “buy” rating on shares of ENGIE in a research note on Wednesday, December 3rd. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, ENGIE currently has an average rating of “Moderate Buy”.

ENGIE Stock Up 0.2%

The company has a debt-to-equity ratio of 1.09, a current ratio of 1.06 and a quick ratio of 1.00. The company has a 50 day moving average price of $24.24 and a 200 day moving average price of $22.84.

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.