Equatorial Energia (OTCMKTS:EQUEY) Shares Down 3.8% – Should You Sell?

Equatorial Energia S.A. (OTCMKTS:EQUEYGet Free Report)’s share price traded down 3.8% during mid-day trading on Friday . The company traded as low as $7.25 and last traded at $7.25. Approximately 150 shares were traded during mid-day trading, a decline of 96% from the average session volume of 4,213 shares. The stock had previously closed at $7.5350.

Equatorial Energia Stock Down 3.8%

The firm’s fifty day moving average is $7.52 and its 200 day moving average is $7.86.

Equatorial Energia Company Profile

(Get Free Report)

Equatorial Energia SA, trading on the OTC market under the symbol EQUEY, is a Brazilian energy holding company headquartered in São Luís, Maranhão. Founded in 1998, the company has grown through strategic acquisitions and concession awards to become one of the leading electricity distributors in northern Brazil. Its core business encompasses the distribution of electric power, which represents the bulk of its operations.

Equatorial’s distribution network serves over eight million customers across eight Brazilian states, including Maranhão, Pará, Piauí and Amazonas.

See Also

Receive News & Ratings for Equatorial Energia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equatorial Energia and related companies with MarketBeat.com's FREE daily email newsletter.