Engie Brasl Ega (OTCMKTS:EGIEY) Trading 4.7% Higher – Should You Buy?

Shares of Engie Brasl Ega (OTCMKTS:EGIEYGet Free Report) shot up 4.7% during trading on Friday . The company traded as high as $6.75 and last traded at $6.75. 29,561 shares traded hands during trading, a decline of 17% from the average session volume of 35,652 shares. The stock had previously closed at $6.4450.

Engie Brasl Ega Stock Performance

The business’s 50 day simple moving average is $6.12 and its two-hundred day simple moving average is $7.06. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.95.

About Engie Brasl Ega

(Get Free Report)

Engie Brasil Energia SA is a leading independent power producer in Brazil, focusing on the generation, sale and commercialization of electricity. The company’s diversified portfolio includes hydroelectric plants, gas-fired and biomass-fueled thermal facilities, as well as onshore wind farms and solar installations. Through a mix of long-term power purchase agreements and spot market transactions, Engie Brasil serves both regulated and free-market customers, including industrial, commercial and residential consumers.

Beyond core electricity generation, Engie Brasil offers a suite of energy solutions and services such as plant operation and maintenance, technical consulting, and energy efficiency programs.

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