Engie SA (OTCMKTS:ENGIY – Get Free Report) shares crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $17.39 and traded as low as $16.79. Engie shares last traded at $16.93, with a volume of 102,887 shares.
Wall Street Analyst Weigh In
ENGIY has been the topic of several recent research reports. Sanford C. Bernstein assumed coverage on Engie in a research report on Wednesday, October 2nd. They issued an “outperform” rating on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on Engie in a report on Wednesday, October 2nd. They set a “hold” rating for the company. Finally, Bank of America raised shares of Engie from an “underperform” rating to a “neutral” rating in a research note on Wednesday, October 2nd.
Read Our Latest Report on ENGIY
Engie Price 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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