Equatorial Energia S.A. (OTCMKTS:EQUEY – Get Free Report)’s share price fell 4.3% during trading on Friday. The company traded as low as $9.41 and last traded at $9.41. 6,529 shares traded hands during trading, an increase of 66% from the average daily volume of 3,932 shares. The stock had previously closed at $9.83.
Equatorial Energia Stock Down 4.3%
The business’s 50 day moving average price is $7.87 and its 200-day moving average price is $7.87.
About Equatorial Energia
Equatorial Energia SA is a Brazilian utility company engaged primarily in the distribution of electric power. Through regulated concessionaires, the company serves residential, commercial and industrial customers across several Brazilian states, including Maranhão, Pará, Piauí, Alagoas, Amapá, Goiás and Rio Grande do Sul.
The company’s operations include electricity distribution, power generation and transmission, as well as related infrastructure and utility services. Equatorial has also expanded into the sanitation sector, providing water and wastewater services through its regulated concessions.
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