Short Interest in Engie Brasil Energia S.A. (OTCMKTS:EGIEY) Grows By 1,268.8%

Engie Brasil Energia S.A. (OTCMKTS:EGIEY) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 21,900 shares, an increase of 1,268.8% from the September 30th total of 1,600 shares. Based on an average daily trading volume, of 21,100 shares, the short-interest ratio is currently 1.0 days.

Engie Brasil Energia Stock Down 1.0 %

Shares of EGIEY traded down $0.07 during mid-day trading on Friday, hitting $7.00. 10,312 shares of the company’s stock were exchanged, compared to its average volume of 9,628. The company has a debt-to-equity ratio of 1.63, a quick ratio of 1.19 and a current ratio of 1.19. The company has a market cap of $5.71 billion, a price-to-earnings ratio of 6.67 and a beta of 0.57. The stock’s 50-day moving average is $7.82 and its 200-day moving average is $8.06. Engie Brasil Energia has a fifty-two week low of $7.00 and a fifty-two week high of $9.62.

Engie Brasil Energia (OTCMKTS:EGIEY) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.20 EPS for the quarter. The business had revenue of $537.54 million during the quarter. Engie Brasil Energia had a net margin of 41.21% and a return on equity of 31.69%. On average, sell-side analysts anticipate that Engie Brasil Energia will post 0.52 earnings per share for the current fiscal year.

About Engie Brasil Energia

Engie Brasil Energia SA, together with its subsidiaries, generates, sells, and trades in electrical energy in Brazil. The company operates 76 plants, including 11 hydroelectric power plants; 1 thermal power plants; 50 wind farms; 3 biomass; 9 photovoltaic and solar power plant; and 2 small hydroelectric plants.