Engie Brasil Energia (OTCMKTS:EGIEY) Hits New 12-Month Low – Here’s Why

Engie Brasil Energia S.A. (OTCMKTS:EGIEY)’s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $7.00 and last traded at $7.00, with a volume of 10312 shares changing hands. The stock had previously closed at $7.07.

Engie Brasil Energia Stock Performance

The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 1.63. The company has a market cap of $5.71 billion, a P/E ratio of 6.80 and a beta of 0.57. The company’s fifty day moving average is $7.84 and its 200 day moving average is $8.07.

Engie Brasil Energia (OTCMKTS:EGIEY) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.20 earnings per share (EPS) for the quarter. The business had revenue of $537.54 million for the quarter. Engie Brasil Energia had a return on equity of 31.69% and a net margin of 41.21%. As a group, equities analysts predict that Engie Brasil Energia S.A. will post 0.52 earnings per share for the current fiscal year.

About Engie Brasil Energia

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.