ENGIE (OTCMKTS:ENGIY) Sets New 12-Month High – Here’s Why

ENGIE – Sponsored ADR (OTCMKTS:ENGIY)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $24.81 and last traded at $24.8050, with a volume of 11828 shares changing hands. The stock had previously closed at $24.6425.

Analyst Ratings Changes

Separately, Zacks Research cut ENGIE from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

ENGIE Stock Up 0.5%

The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.00 and a current ratio of 1.06. The business has a 50-day simple moving average of $22.15 and a two-hundred day simple moving average of $22.02.

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.