Shares of Equatorial Energia S.A. (OTCMKTS:EQUEY – Get Free Report) were down 3.5% on Friday . The company traded as low as $6.96 and last traded at $6.96. 182 shares changed hands during mid-day trading, a decline of 95% from the average daily volume of 3,879 shares. The stock had previously closed at $7.2150.
Equatorial Energia Price Performance
The firm has a 50-day simple moving average of $7.37 and a 200-day simple moving average of $7.84.
Equatorial Energia Company Profile
Equatorial Energia SA, trading on the OTC market under the symbol EQUEY, is a Brazilian energy holding company headquartered in São Luís, Maranhão. Founded in 1998, the company has grown through strategic acquisitions and concession awards to become one of the leading electricity distributors in northern Brazil. Its core business encompasses the distribution of electric power, which represents the bulk of its operations.
Equatorial’s distribution network serves over eight million customers across eight Brazilian states, including Maranhão, Pará, Piauí and Amazonas.
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