Engie Brasil Energia (OTCMKTS:EGIEY) Sets New 52-Week Low – Time to Sell?

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

Engie Brasil Energia Stock Performance

The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 1.63. The company has a market capitalization of $5.71 billion, a PE ratio of 6.80 and a beta of 0.57. The company has a 50-day moving average price of $7.84 and a two-hundred day moving average price of $8.07.

Engie Brasil Energia (OTCMKTS:EGIEY) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.20 EPS for the quarter. Engie Brasil Energia had a net margin of 41.21% and a return on equity of 31.69%. The company had revenue of $537.54 million during the quarter. Analysts predict 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.