Engie Brasil Energia (OTCMKTS:EGIEY) Sets New 12-Month Low – Time to Sell?

Engie Brasil Energia S.A. (OTCMKTS:EGIEY)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $7.00 and last traded at $7.25, with a volume of 10158 shares traded. The stock had previously closed at $7.18.

Engie Brasil Energia Price Performance

The stock has a market cap of $5.92 billion, a PE ratio of 6.84 and a beta of 0.57. The business’s 50-day simple moving average is $7.99 and its 200-day simple moving average is $8.12. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 1.63.

Engie Brasil Energia (OTCMKTS:EGIEY) last released its quarterly earnings results on Thursday, August 8th. The company reported $0.20 earnings per share for the quarter. Engie Brasil Energia had a net margin of 41.21% and a return on equity of 31.69%. The business had revenue of $537.54 million for the quarter. On average, research analysts expect that Engie Brasil Energia S.A. will post 0.52 EPS for the current fiscal year.

About Engie Brasil Energia

Engie Brasil Energia SA, together with its subsidiaries, generates, sells, and trades in electrical energy in Brazil. The company operates 76 plants, including 11 hydroelectric power plants; 1 thermal power plants; 50 wind farms; 3 biomass; 9 photovoltaic and solar power plant; and 2 small hydroelectric plants.