Engie Brasil Energia (OTCMKTS:EGIEY) Cut to Strong Sell at UBS Group

UBS Group downgraded shares of Engie Brasil Energia (OTCMKTS:EGIEY) from a hold rating to a strong sell rating in a research report report published on Monday morning,Zacks.com reports.

Engie Brasil Energia Stock Performance

EGIEY stock opened at $6.65 on Monday. The company has a fifty day moving average price of $7.50 and a 200 day moving average price of $7.98. Engie Brasil Energia has a 12 month low of $6.65 and a 12 month high of $9.62. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 1.63.

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.