Engie Brasl Ega (OTCMKTS:EGIEY) Shares Down 9.3% – Here’s What Happened

Engie Brasl Ega (OTCMKTS:EGIEY – Get Free Report)’s stock price dropped 9.3% during mid-day trading on Monday. The company traded as low as $5.49 and last traded at $5.65. 1,812 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 48,560 shares. The stock had previously closed at $6.23.

Engie Brasl Ega Stock Down 17.3%

The company has a debt-to-equity ratio of 1.75, a quick ratio of 1.09 and a current ratio of 1.09. The company has a market cap of $5.88 billion, a PE ratio of 7.84 and a beta of 0.34. The firm has a fifty day simple moving average of $6.00 and a 200 day simple moving average of $6.42.

Engie Brasl Ega Company Profile

(Get Free Report)

ENGIE Brasil Energia SA is a Brazilian energy company engaged primarily in the generation, commercialization and trading of electricity. The company operates a diversified portfolio of power assets, including hydroelectric, thermoelectric, wind, solar and biomass facilities, and supplies electricity to commercial, industrial and other institutional customers.

The company’s operations are concentrated in Brazil, where it has developed and manages infrastructure supporting the country’s electricity system.

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