Engie Brasl Ega (EGIEY) Projected to Announce Earnings on Wednesday

Engie Brasl Ega (OTCMKTS:EGIEY) is anticipated to issue its results after the market closes on Wednesday, November 4th. Analysts expect Engie Brasl Ega to announce earnings of $0.09 per share and revenue of $540.54 million for the quarter.

Engie Brasl Ega Stock Performance

OTCMKTS:EGIEY opened at $4.80 on Monday. The firm has a 50-day moving average price of $5.94 and a 200 day moving average price of $6.37. Engie Brasl Ega has a 12-month low of $4.78 and a 12-month high of $9.50. The firm has a market capitalization of $5.48 billion, a PE ratio of 7.30 and a beta of 0.38. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.75.

Analyst Ratings Changes

Separately, Zacks Research initiated coverage on Engie Brasl Ega in a research report on Wednesday, October 28th. They issued a “hold” rating on the stock. One analyst has rated the stock with a Hold rating. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Engie Brasl Ega Company Profile

ENGIE Brasil Energia SA is a Brazilian energy company engaged primarily in the generation, commercialization and trading of electricity. The company operates a diversified portfolio of power assets, including hydroelectric, thermoelectric, wind, solar and biomass facilities, and supplies electricity to commercial, industrial and other institutional customers.

The company’s operations are concentrated in Brazil, where it has developed and manages infrastructure supporting the country’s electricity system.