CPFL Energia SA (NYSE:CPL)’s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $14.78 and last traded at $14.68, with a volume of 99,578 shares trading hands. The stock had previously closed at $14.43.

Separately, Zacks Investment Research upgraded shares of CPFL Energia SA from a “sell” rating to a “hold” rating in a research note on Wednesday.

The stock has a market capitalization of $7.49 billion and a PE ratio of 22.42. The stock’s 50-day moving average is $14.10 and its 200-day moving average is $11.53.

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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