ENGIE – Sponsored ADR (OTCMKTS:ENGIY – Get Free Report) was the recipient of a significant increase in short interest in 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 trading volume, of 587,595 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.
ENGIE Stock Down 0.7%
ENGIE stock traded down $0.18 during mid-day trading on Thursday, reaching $26.64. The company had a trading volume of 380,984 shares, compared to its average volume of 210,464. ENGIE has a 1 year low of $21.19 and a 1 year high of $35.16. The company has a current ratio of 1.08, a quick ratio of 1.03 and a debt-to-equity ratio of 1.06. The stock’s 50-day simple moving average is $29.23 and its 200-day simple moving average is $30.96.
Analysts Set New Price Targets
Several research analysts have issued reports on the company. Barclays reiterated an “overweight” rating on shares of ENGIE in a research report on Thursday, June 18th. Zacks Research lowered shares of ENGIE from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 10th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, 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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