ENGIE (OTCMKTS:ENGIY) Sees Unusually-High Trading Volume – Here’s Why

by · The Cerbat Gem

Shares of ENGIE – Sponsored ADR (OTCMKTS:ENGIY – Get Free Report) saw unusually-high trading volume on Tuesday . 265,502 shares traded hands during mid-day trading, an increase of 21% from the previous session’s volume of 220,205 shares.The stock last traded at $25.56 and had previously closed at $25.67.

Analyst Upgrades and Downgrades

ENGIY has been the topic of a number of analyst reports. Zacks Research cut ENGIE from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 20th. Royal Bank Of Canada started coverage on shares of ENGIE in a research report on Tuesday, November 25th. They set an “outperform” rating on the stock. Barclays reiterated an “overweight” rating on shares of ENGIE in a research note on Thursday, December 11th. Morgan Stanley restated an “overweight” rating on shares of ENGIE in a research note on Friday, November 14th. Finally, Citigroup restated a “buy” rating on shares of ENGIE in a research note on Wednesday, December 3rd. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Read Our Latest Stock Analysis on ENGIE

ENGIE Stock Up 0.5%

The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.00 and a current ratio of 1.06. The company has a fifty day moving average of $24.32 and a two-hundred day moving average of $22.86.

About ENGIE

(Get Free Report)

ENGIE SA engages in the power, natural gas, and energy services businesses. It operates through Renewables, Networks, Energy Solutions, FlexGen, Retail, Nuclear, and Others segments. The Renewables segment comprises renewable energy generation activities, including financing, construction, operation, and maintenance of renewable energy facilities using various energy sources, such as hydroelectric, onshore wind, photovoltaic solar, offshore wind, and geothermal.

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