Shares of CPFL Energia SA (NYSE:CPL) reached a new 52-week high on Wednesday . The stock traded as high as $14.39 and last traded at $14.15, with a volume of 245,603 shares trading hands. The stock had previously closed at $14.17.

The firm’s 50 day moving average is $13.53 and its 200-day moving average is $10.83. The stock has a market cap of $7.29 billion and a price-to-earnings ratio of 24.44.

CPFL Energia SA is a holding company. The Company, through its subsidiaries, distributes, generates, transmits and commercializes electricity in Brazil, as well as provides energy-related services. Its segments include Distribution, Conventional Generation Sources, Renewable Generation Sources, Commercialization, Services and Other.

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