Engie Brasil Energia (OTCMKTS:EGIEY) Stock Price Up 7.4% – Time to Buy?

Engie Brasil Energia S.A. (OTCMKTS:EGIEYGet Free Report) traded up 7.4% during trading on Thursday . The company traded as high as $7.16 and last traded at $7.13. 11,488 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 78,312 shares. The stock had previously closed at $6.64.

Engie Brasil Energia Stock Up 7.4 %

The company has a debt-to-equity ratio of 1.63, a current ratio of 1.19 and a quick ratio of 1.19. The stock has a market cap of $5.82 billion, a price-to-earnings ratio of 7.20 and a beta of 0.30. The firm has a 50 day simple moving average of $6.57 and a two-hundred day simple moving average of $6.65.

About Engie Brasil Energia

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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.

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