Engie (OTCMKTS:ENGIY) Reaches New 1-Year High – Here’s Why

Engie SA (OTCMKTS:ENGIY) reached a new 52-week high during trading on Tuesday . The stock traded as high as $21.17 and last traded at $21.00, with a volume of 85539 shares changing hands. The stock had previously closed at $20.66.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Engie in a report on Monday, March 3rd. Morgan Stanley restated an “overweight” rating on shares of Engie in a research report on Tuesday, March 11th.

Engie Trading Up 0.8 %

The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.92 and a current ratio of 0.99. The stock has a 50-day simple moving average of $18.59 and a two-hundred day simple moving average of $17.14.

Engie Company Profile

ENGIE SA engages in the power, natural gas, and energy services businesses. It operates through Renewables, Networks, Energy Solutions, FlexGen, Retail, Nuclear, and Others segments. The Renewables segment comprises renewable energy generation activities, including financing, construction, operation, and maintenance of renewable energy facilities using various energy sources, such as hydroelectric, onshore wind, photovoltaic solar, offshore wind, and geothermal.