ENGIE – Sponsored ADR (OTCMKTS:ENGIY) Short Interest Update

ENGIE – Sponsored ADR (OTCMKTS:ENGIY) saw a significant decline in short interest in June. As of June 15th, there was short interest totaling 29,233 shares, a decline of 56.2% from the May 31st total of 66,748 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 280,342 shares, the short-interest ratio is presently 0.1 days.

ENGIE Stock Performance

ENGIY opened at $31.03 on Monday. The firm has a 50-day simple moving average of $31.84 and a two-hundred day simple moving average of $30.57. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.08 and a quick ratio of 1.03. ENGIE has a 52 week low of $20.18 and a 52 week high of $35.16.

Analyst Upgrades and Downgrades

ENGIY has been the subject of several recent research reports. Kepler Capital Markets raised ENGIE to a “strong-buy” rating in a report on Thursday, March 19th. Barclays reaffirmed an “overweight” rating on shares of ENGIE in a research note on Thursday, June 18th. Citigroup reaffirmed a “buy” rating on shares of ENGIE in a research report on Friday, April 17th. Zacks Research upgraded ENGIE from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 27th. Finally, Morgan Stanley reissued an “overweight” rating on shares of ENGIE in a report on Monday, May 11th. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

About ENGIE

ENGIE is a Paris-headquartered multinational energy company engaged across the value chain of electricity and natural gas, along with associated infrastructure and services. The company develops, builds and operates power generation assets (including gas-fired plants and an expanding portfolio of renewable generation such as wind, solar and hydro), trades and markets energy commodities, and supplies energy to industrial, commercial and residential customers. ENGIE also provides energy infrastructure and networks, liquefied natural gas (LNG) solutions, and a range of energy services including energy efficiency, facility management and distributed energy systems.

The group traces its modern corporate roots to the 2008 combination of Gaz de France and Suez, and subsequently adopted the ENGIE name in 2015 as part of a strategic repositioning.