CPFL Energia SA (NYSE:CPL) traded up 0.9% during mid-day trading on Wednesday . The company traded as high as $14.54 and last traded at $14.32, with a volume of 309,791 shares. The stock had previously closed at $14.19.

Separately, Zacks Investment Research raised CPFL Energia SA from a “sell” rating to a “hold” rating in a research report on Thursday, August 25th.

The company has a market cap of $7.50 billion and a price-to-earnings ratio of 22.47. The stock has a 50 day moving average price of $14.10 and a 200 day moving average price of $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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