Companhia Paranaense de Energia (ELP) Sets New 12-Month High at $11.06
Companhia Paranaense de Energia (NYSE:ELP) shares reached a new 52-week high on Friday . The company traded as high as $11.06 and last traded at $10.56, with a volume of 808,619 shares trading hands. The stock had previously closed at $10.60.
Separately, Citigroup Inc. lowered Companhia Paranaense de Energia from a “buy” rating to a “neutral” rating in a research report on Friday, August 5th.
The company has a 50 day moving average price of $10.09 and a 200-day moving average price of $8.14. The firm has a market capitalization of $2.77 billion and a price-to-earnings ratio of 5.58.
Companhia Paranaense de Energia (NYSE:ELP) last released its earnings results on Friday, August 12th. The company reported $1.16 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.91. On average, equities research analysts expect that Companhia Paranaense de Energia will post $0.88 earnings per share 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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