Shares of CPFL Energia SA (NYSE:CPL) dropped 1.1% during trading on Tuesday . The stock traded as low as $14.12 and last traded at $14.21, with a volume of 134,001 shares. The stock had previously closed at $14.37.

The company has a 50 day moving average of $13.98 and a 200 day moving average of $11.29. The company has a market capitalization of $7.21 billion and a price-to-earnings ratio of 21.60.

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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