Companhia Paranaense de Energia – COPEL (OTCMKTS:EQUEY)’s share price traded up 34% on Thursday . The stock traded as high as $25.00 and last traded at $25.00, 2,350 shares were traded during trading. An increase of 38% from the average session volume of 1,703 shares. The stock had previously closed at $18.65.
Separately, Goldman Sachs Group initiated coverage on shares of Companhia Paranaense de Energia – COPEL in a report on Thursday, November 14th. They set a “buy” rating for the company.
About Companhia Paranaense de Energia – COPEL (OTCMKTS:EQUEY)
Equatorial Energia SA, through its subsidiaries, generates, transmits, and distributes electricity in Brazil. It primarily distributes electric energy in the 217 municipalities of Maranhão State with a concession area of approximately 331,937 square kilometers serving approximately 6.9 million clients.
Further Reading: Cost of Capital Explained
Receive News & Ratings for Companhia Paranaense de Energia - COPEL Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Companhia Paranaense de Energia - COPEL and related companies with MarketBeat.com's FREE daily email newsletter.