Companhia Paranaense de Energia (ELP) Sets New 1-Year High at $11.06
Companhia Paranaense de Energia (NYSE:ELP)’s share price reached a new 52-week high during trading on Friday . The company traded as high as $11.06 and last traded at $10.56, with a volume of 808,619 shares traded. The stock had previously closed at $10.60.
Separately, Citigroup Inc. downgraded Companhia Paranaense de Energia from a “buy” rating to a “neutral” rating in a report on Friday, August 5th.
The company has a market capitalization of $2.82 billion and a price-to-earnings ratio of 5.68. The stock’s 50 day moving average price is $10.05 and its 200-day moving average price is $8.11.
Companhia Paranaense de Energia (NYSE:ELP) last issued its earnings results on Friday, August 12th. The company reported $1.16 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.91. Equities research analysts expect that Companhia Paranaense de Energia will post $0.91 EPS for the current year.
Companhia Paranaense de Energia is engaged in the generation, transmission, distribution and sale of electricity in the Brazilian State of Parana. The Company also provides telecommunications and other services. Its segments are Power generation and transmission (GET), Power distribution and sales (DIS), Telecommunications (TEL), GAS and Holding Company (HOL).
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