Engie (OTCMKTS:ENGIY) Reaches New 52-Week High – Time to Buy?

Engie SA (OTCMKTS:ENGIYGet Free Report)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $19.27 and last traded at $19.24, with a volume of 135741 shares. The stock had previously closed at $19.08.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on ENGIY. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Engie in a report on Monday, March 3rd. Morgan Stanley reiterated an “overweight” rating on shares of Engie in a research note on Tuesday, March 11th.

Get Our Latest Stock Report on Engie

Engie Price Performance

The firm has a 50-day moving average of $17.24 and a two-hundred day moving average of $16.82. The company has a current ratio of 0.99, a quick ratio of 0.92 and a debt-to-equity ratio of 1.09.

Engie Company Profile

(Get Free Report)

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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