Companhia Paranaense de Energia – Copel (NYSE:ELPC) Reaches New 12-Month High – What’s Next?

Companhia Paranaense de Energia – Copel Unsponsored ADR (NYSE:ELPC)’s stock price reached a new 52-week high on Monday . The stock traded as high as $9.79 and last traded at $9.8110, with a volume of 136 shares. The stock had previously closed at $9.56.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Companhia Paranaense de Energia – Copel in a research report on Wednesday, October 8th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Companhia Paranaense de Energia – Copel presently has a consensus rating of “Hold”.

Companhia Paranaense de Energia – Copel Stock Performance

The business has a fifty day moving average of $8.77 and a two-hundred day moving average of $8.25. The firm has a market capitalization of $10.50 billion, a price-to-earnings ratio of 13.82 and a beta of -0.01.

Companhia Paranaense de Energia – Copel (NYSE:ELPC) last issued its earnings results on Wednesday, August 6th. The company reported $0.10 EPS for the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Companhia Paranaense de Energia – Copel stock. Allworth Financial LP bought a new stake in Companhia Paranaense de Energia – Copel Unsponsored ADR (NYSE:ELPC) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,250 shares of the company’s stock, valued at approximately $28,000.

Companhia Paranaense de Energia – Copel Company Profile

Companhia Paranaense de Energia – COPEL engages in the generation, transformation, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers in Brazil. The company operates through Power Generation and Transmission, Power Distribution, GAS, Power Sale, and Holding and Services segments.