ENGIE – Sponsored ADR (OTCMKTS:ENGIY – Get Free Report) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 102,232 shares, an increase of 1,541.0% from the August 31st total of 6,230 shares. Based on an average daily volume of 587,595 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.
ENGIE Price Performance
ENGIE stock traded down $0.17 during midday trading on Friday, reaching $26.46. The company’s stock had a trading volume of 46,912 shares, compared to its average volume of 209,448. ENGIE has a fifty-two week low of $21.31 and a fifty-two 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. The business has a 50-day simple moving average of $29.23 and a 200-day simple moving average of $30.96.
Analysts Set New Price Targets
ENGIY has been the subject of a number of analyst reports. Zacks Research downgraded ENGIE from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 10th. Barclays reaffirmed an “overweight” rating on shares of ENGIE in a report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.
About ENGIE
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.
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