ENGIE – Sponsored ADR (OTCMKTS:ENGIY – Get Free Report) saw a large decrease in short interest in August. As of August 31st, there was short interest totaling 6,230 shares, a decrease of 92.4% from the August 15th total of 82,022 shares. Based on an average daily volume of 444,606 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.
ENGIE Price Performance
ENGIY traded down $0.31 on Friday, reaching $27.79. The company had a trading volume of 138,803 shares, compared to its average volume of 224,434. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.03 and a current ratio of 1.08. The company has a fifty day moving average of $29.91 and a 200-day moving average of $31.29. ENGIE has a one year low of $20.95 and a one year high of $35.16.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on ENGIY. Barclays restated an “overweight” rating on shares of ENGIE in a research note on Thursday, June 18th. Zacks Research downgraded shares of ENGIE from a “strong-buy” rating to a “hold” rating in a report on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.
About ENGIE
ENGIE SA is a France-based energy company that develops, operates and manages energy infrastructure and provides related services. Its activities include renewable power generation, electricity and natural gas networks, energy supply, and energy-efficiency solutions for commercial, industrial and public-sector customers.
The company’s renewable energy portfolio includes wind, solar, hydroelectric and other low-carbon generation assets. ENGIE also provides district heating and cooling, energy management, building efficiency and decarbonization services, while continuing to operate and supply gas and electricity in selected markets.
ENGIE traces its history to Gaz de France and Suez, which merged in 2008 to form GDF Suez.
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