Engie Brasl Ega (OTCMKTS:EGIEY) Short Interest Down 78.8% in June

Engie Brasl Ega (OTCMKTS:EGIEY) was the recipient of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 23,156 shares, a decrease of 78.8% from the June 15th total of 109,373 shares. Based on an average daily trading volume, of 136,717 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Engie Brasl Ega Stock Down 0.8%

Engie Brasl Ega stock traded down $0.05 during trading on Monday, reaching $6.40. The stock had a trading volume of 34,244 shares, compared to its average volume of 50,213. Engie Brasl Ega has a 52-week low of $5.05 and a 52-week high of $9.50. The business has a 50 day moving average price of $6.76 and a 200 day moving average price of $6.57. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 1.92. The stock has a market cap of $7.31 billion, a PE ratio of 15.77 and a beta of 0.31.

Engie Brasl Ega (OTCMKTS:EGIEY) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.02). Engie Brasl Ega had a return on equity of 19.64% and a net margin of 19.40%.The firm had revenue of $634.73 million for the quarter, compared to analyst estimates of $590.42 million.

About Engie Brasl Ega

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.