ENGIE – Sponsored ADR (OTCMKTS:ENGIY) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of ENGIE – Sponsored ADR (OTCMKTS:ENGIY) have been given an average recommendation of “Moderate Buy” by the nine ratings firms that are currently covering the firm, MarketBeat reports. Four research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company.

Several research firms have commented on ENGIY. Zacks Research lowered ENGIE from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 10th. Barclays restated an “overweight” rating on shares of ENGIE in a research report on Thursday, June 18th.

ENGIE Stock Up 0.7%

ENGIY opened at $28.10 on Friday. The firm’s fifty day simple moving average is $29.98 and its two-hundred day simple moving average is $31.31. ENGIE has a 52-week low of $20.94 and a 52-week high of $35.16. The company has a quick ratio of 1.03, a current ratio of 1.08 and a debt-to-equity ratio of 1.06.

ENGIE Company Profile

ENGIE SA is a France-based energy company that develops, operates and manages energy infrastructure and provides related services. Its activities include renewable power generation, electricity and natural gas networks, energy supply, and energy-efficiency solutions for commercial, industrial and public-sector customers.

The company’s renewable energy portfolio includes wind, solar, hydroelectric and other low-carbon generation assets. ENGIE also provides district heating and cooling, energy management, building efficiency and decarbonization services, while continuing to operate and supply gas and electricity in selected markets.

ENGIE traces its history to Gaz de France and Suez, which merged in 2008 to form GDF Suez.