Engie Brasl Ega (OTCMKTS:EGIEY – Get Free Report) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 178,582 shares, an increase of 211.8% from the May 14th total of 57,274 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 153,439 shares, the short-interest ratio is presently 1.2 days.
Engie Brasl Ega Trading Down 2.2%
Shares of Engie Brasl Ega stock opened at $6.84 on Friday. The firm has a 50-day simple moving average of $7.02 and a two-hundred day simple moving average of $6.60. The company has a market cap of $7.81 billion, a P/E ratio of 16.85 and a beta of 0.32. Engie Brasl Ega has a fifty-two week low of $5.05 and a fifty-two week high of $9.50. The company has a debt-to-equity ratio of 1.92, a quick ratio of 1.54 and a current ratio of 1.54.
Engie Brasl Ega (OTCMKTS:EGIEY – Get Free Report) last released its earnings results on Thursday, May 7th. The company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.02). Engie Brasl Ega had a return on equity of 19.64% and a net margin of 19.40%.The company had revenue of $634.73 million for the quarter, compared to analysts’ expectations of $590.42 million.
Engie Brasl Ega Company Profile
Engie Brasil Energia SA is a leading independent power producer in Brazil, focusing on the generation, sale and commercialization of electricity. The company’s diversified portfolio includes hydroelectric plants, gas-fired and biomass-fueled thermal facilities, as well as onshore wind farms and solar installations. Through a mix of long-term power purchase agreements and spot market transactions, Engie Brasil serves both regulated and free-market customers, including industrial, commercial and residential consumers.
Beyond core electricity generation, Engie Brasil offers a suite of energy solutions and services such as plant operation and maintenance, technical consulting, and energy efficiency programs.
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