Engie SA (OTCMKTS:ENGIY – Get Free Report)’s stock price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $16.10 and traded as low as $15.52. Engie shares last traded at $15.84, with a volume of 139,626 shares trading hands.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently weighed in on the company. Sanford C. Bernstein began coverage on Engie in a report on Wednesday, October 2nd. They issued an “outperform” rating for the company. Bank of America raised shares of Engie from an “underperform” rating to a “neutral” rating in a research note on Wednesday, October 2nd. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Engie in a research note on Wednesday, October 2nd. They set a “hold” rating on the stock.
Get Our Latest Stock Report on Engie
Engie Stock Down 0.1 %
About Engie
ENGIE SA engages in the power, natural gas, and energy services businesses. It operates through Renewables, Networks, Energy Solutions, FlexGen, Retail, Nuclear, and Others segments. The Renewables segment comprises renewable energy generation activities, including financing, construction, operation, and maintenance of renewable energy facilities using various energy sources, such as hydroelectric, onshore wind, photovoltaic solar, offshore wind, and geothermal.
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