Equatorial Energia S.A. (OTCMKTS:EQUEY – Get Free Report) shares dropped 2.1% during trading on Thursday . The company traded as low as $8.48 and last traded at $8.48. Approximately 452 shares were traded during trading, a decline of 33% from the average daily volume of 677 shares. The stock had previously closed at $8.66.
Equatorial Energia Trading Up 2.0%
The stock has a 50-day simple moving average of $8.34 and a 200 day simple moving average of $7.60.
About Equatorial Energia
Equatorial Energia SA, trading on the OTC market under the symbol EQUEY, is a Brazilian energy holding company headquartered in São Luís, Maranhão. Founded in 1998, the company has grown through strategic acquisitions and concession awards to become one of the leading electricity distributors in northern Brazil. Its core business encompasses the distribution of electric power, which represents the bulk of its operations.
Equatorial’s distribution network serves over eight million customers across eight Brazilian states, including Maranhão, Pará, Piauí and Amazonas.
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