Companhia Paranaense de Energia Hits New 12-Month High at $17.55 (ELP)
Shares of Companhia Paranaense de Energia (NYSE:ELP) reached a new 52-week high on Wednesday , Analyst Ratings News reports. The company traded as high as $17.55 and last traded at $17.55, with a volume of 177,522 shares. The stock had previously closed at $16.87.
Separately, analysts at Zacks downgraded shares of Companhia Paranaense de Energia from an “outperform” rating to a “neutral” rating in a research note on Monday. They now have a $18.00 price target on the stock.
The stock’s 50-day moving average is $16.32 and its 200-day moving average is $14.23. The company has a market cap of $4.805 billion and a P/E ratio of 8.86.
Companhia Paranaense de Energia (NYSE:ELP) is a Brazil-based holding company involved principally in the electrical energy sector.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.