UBS Group Downgrades Engie Brasil Energia (OTCMKTS:EGIEY) to Strong Sell

UBS Group lowered shares of Engie Brasil Energia (OTCMKTS:EGIEY) from a hold rating to a strong sell rating in a report published on Monday morning,Zacks.com reports.

Engie Brasil Energia Trading Down 1.8 %

OTCMKTS:EGIEY opened at $6.65 on Monday. Engie Brasil Energia has a 1 year low of $6.65 and a 1 year high of $9.62. The stock has a fifty day moving average price of $7.50 and a two-hundred day moving average price of $7.98. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 1.63.

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.