Engie SA (OTCMKTS:ENGIY – Get Free Report) shares passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $17.31 and traded as low as $16.00. Engie shares last traded at $16.33, with a volume of 158,292 shares.
Wall Street Analysts Forecast Growth
Several analysts have recently commented on the stock. Sanford C. Bernstein initiated coverage on shares of Engie in a report on Wednesday, October 2nd. They issued an “outperform” rating for the company. Bank of America raised shares of Engie from an “underperform” rating to a “neutral” rating in a research report on Wednesday, October 2nd. Finally, Deutsche Bank Aktiengesellschaft started coverage on Engie in a report on Wednesday, October 2nd. They issued a “hold” rating for the company.
View Our Latest Stock Analysis on ENGIY
Engie Stock Performance
About Engie
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.
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