Engie Brasil Energia (OTCMKTS:EGIEY) Stock Rating Lowered by UBS Group

Engie Brasil Energia (OTCMKTS:EGIEY) was downgraded by equities researchers at UBS Group from a “hold” rating to a “strong sell” rating in a research report issued on Monday,Zacks.com reports.

Engie Brasil Energia Price Performance

Engie Brasil Energia stock opened at $6.65 on Monday. The firm has a 50-day moving average of $7.50 and a two-hundred day moving average of $7.98. Engie Brasil Energia has a 1 year low of $6.65 and a 1 year high of $9.62. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.19 and a quick ratio of 1.19.

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.