Engie Brasl Ega (OTCMKTS:EGIEY) Stock Short Interest Report for October

Engie Brasl Ega (OTCMKTS:EGIEY) was the recipient of a large drop in short interest in October. As of October 30th, there was short interest totaling 20,314 shares, a drop of 79.7% from the October 15th total of 99,916 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 114,716 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Ratings Changes

Separately, Zacks Research assumed coverage on Engie Brasl Ega in a report on Wednesday, October 28th. They set a “hold” rating on the stock. One equities research analyst has rated the stock with a Hold rating. According to MarketBeat.com, Engie Brasl Ega currently has an average rating of “Hold”.

Engie Brasl Ega Trading Down 0.6%

Shares of EGIEY stock traded down $0.03 during trading hours on Thursday, reaching $4.79. 6,835 shares of the stock traded hands, compared to its average volume of 51,604. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.75. The firm has a market capitalization of $5.47 billion, a PE ratio of 7.29 and a beta of 0.38. Engie Brasl Ega has a 1-year low of $4.61 and a 1-year high of $9.50. The business has a fifty day moving average price of $5.79 and a 200 day moving average price of $6.32.

Engie Brasl Ega Company Profile

ENGIE Brasil Energia S.A. is a Brazilian electric power company that develops and operates power-generation facilities and sells electricity to customers and energy markets. Its portfolio includes renewable sources such as hydropower, wind, solar and biomass, as well as thermal generation. Based in Brazil, the company serves customers across the country and participates in electricity commercialization and related energy activities. It was formerly known as Tractebel Energia and adopted the ENGIE Brasil Energia name in 2016.