Engie Brasl Ega (OTCMKTS:EGIEY) Trading Down 4.9% – Here’s What Happened

Engie Brasl Ega (OTCMKTS:EGIEY) shares fell 4.9% on Thursday . The stock traded as low as $6.66 and last traded at $6.73. 3,887 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 47,009 shares. The stock had previously closed at $7.08.

Engie Brasl Ega Trading Down 3.9%

The company has a debt-to-equity ratio of 1.92, a quick ratio of 1.54 and a current ratio of 1.54. The business’s 50 day moving average price is $7.01 and its 200-day moving average price is $6.61. The firm has a market cap of $7.68 billion, a price-to-earnings ratio of 16.56 and a beta of 0.32.

Engie Brasl Ega (OTCMKTS:EGIEY) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.02). Engie Brasl Ega had a net margin of 19.40% and a return on equity of 19.64%. The firm had revenue of $634.73 million during the quarter, compared to the consensus estimate of $590.42 million.

About Engie Brasl Ega

Engie Brasil Energia SA is a leading independent power producer in Brazil, focusing on the generation, sale and commercialization of electricity. The company’s diversified portfolio includes hydroelectric plants, gas-fired and biomass-fueled thermal facilities, as well as onshore wind farms and solar installations. Through a mix of long-term power purchase agreements and spot market transactions, Engie Brasil serves both regulated and free-market customers, including industrial, commercial and residential consumers.

Beyond core electricity generation, Engie Brasil offers a suite of energy solutions and services such as plant operation and maintenance, technical consulting, and energy efficiency programs.