Companhia Paranaense de Energia (ELP) Shares Down 3%
Companhia Paranaense de Energia (NYSE:ELP) was down 3% on Tuesday . The stock traded as low as $10.19 and last traded at $10.19, with a volume of 191,764 shares trading hands. The stock had previously closed at $10.51.
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 $2.77 billion and a PE ratio of 5.58. The firm has a 50 day moving average of $10.16 and a 200 day moving average of $8.25.
Companhia Paranaense de Energia (NYSE:ELP) last posted its quarterly earnings data on Friday, August 12th. The company reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.91. On average, analysts anticipate that Companhia Paranaense de Energia will post $0.88 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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