Engie Brasil Energia (OTCMKTS:EGIEY) Sets New 12-Month Low – Should You Sell?

Engie Brasil Energia S.A. (OTCMKTS:EGIEY) hit a new 52-week low during trading on Monday . The stock traded as low as $6.35 and last traded at $6.67, with a volume of 47862 shares. The stock had previously closed at $6.79.

Wall Street Analysts Forecast Growth

Separately, UBS Group cut shares of Engie Brasil Energia from a “hold” rating to a “strong sell” rating in a research report on Monday, November 11th.

Engie Brasil Energia Price Performance

The company has a debt-to-equity ratio of 1.63, a quick ratio of 1.19 and a current ratio of 1.19. The stock has a market capitalization of $5.44 billion, a PE ratio of 6.74 and a beta of 0.58. The stock’s 50 day moving average is $7.44 and its two-hundred day moving average is $7.96.

Engie Brasil Energia Company Profile

Engie Brasil Energia SA, together with its subsidiaries, generates, sells, and trades in electrical energy in Brazil. The company operates 76 plants, including 11 hydroelectric power plants; 1 thermal power plants; 50 wind farms; 3 biomass; 9 photovoltaic and solar power plant; and 2 small hydroelectric plants.