ENGIE – Sponsored ADR (OTCMKTS:ENGIY – Get Free Report) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 6,230 shares, a drop of 92.4% from the August 15th total of 82,022 shares. Based on an average daily trading volume, of 444,606 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.
ENGIE Stock Performance
ENGIY traded up $0.20 during mid-day trading on Thursday, reaching $28.10. The stock had a trading volume of 218,806 shares, compared to its average volume of 202,456. 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.
Analyst Upgrades and Downgrades
ENGIY has been the topic of several research reports. Zacks Research downgraded shares of ENGIE from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 10th. Barclays restated an “overweight” rating on shares of ENGIE in a research report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average 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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