Engie (OTCMKTS:ENGIY) Hits New 12-Month High – Here’s What Happened

Engie SA (OTCMKTS:ENGIY) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $21.17 and last traded at $21.00, with a volume of 85539 shares. The stock had previously closed at $20.66.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on ENGIY. Morgan Stanley restated an “overweight” rating on shares of Engie in a report on Tuesday, March 11th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Engie in a research note on Monday, March 3rd.

Engie Trading Up 0.8 %

The firm’s fifty day moving average is $18.59 and its two-hundred day moving average is $17.14. The company has a quick ratio of 0.92, a current ratio of 0.99 and a debt-to-equity ratio of 1.09.

Engie Company Profile

ENGIE SA engages in the power, natural gas, and energy services businesses. It operates through Renewables, Networks, Energy Solutions, FlexGen, Retail, Nuclear, and Others segments. The Renewables segment comprises renewable energy generation activities, including financing, construction, operation, and maintenance of renewable energy facilities using various energy sources, such as hydroelectric, onshore wind, photovoltaic solar, offshore wind, and geothermal.