Engie Brasil Energia (OTCMKTS:EGIEY) Reaches New 52-Week Low – Should You Sell?

Shares of Engie Brasil Energia S.A. (OTCMKTS:EGIEY) hit a new 52-week low during trading on Saturday . The company traded as low as $7.00 and last traded at $7.00, with a volume of 8965 shares traded. The stock had previously closed at $7.12.

Engie Brasil Energia Trading Down 1.6 %

The stock’s 50-day moving average price is $7.71 and its 200 day moving average price is $8.03. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.19 and a quick ratio of 1.19. The firm has a market capitalization of $5.71 billion, a PE ratio of 6.54 and a beta of 0.58.

Engie Brasil Energia (OTCMKTS:EGIEY) last released its quarterly earnings data on Thursday, August 8th. The company reported $0.20 EPS for the quarter. Engie Brasil Energia had a return on equity of 31.69% and a net margin of 41.21%. The company had revenue of $537.54 million for the quarter. On average, sell-side analysts expect that Engie Brasil Energia S.A. will post 0.52 EPS for the current fiscal year.

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.