Companhia Paranaense de Energia (NYSE:ELPC – Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $5.69, but opened at $5.56. Companhia Paranaense de Energia shares last traded at $5.63, with a volume of 23,054 shares traded.
Companhia Paranaense de Energia Price Performance
The stock has a 50 day simple moving average of $5.49 and a 200 day simple moving average of $6.12.
Companhia Paranaense de Energia (NYSE:ELPC – Get Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $0.30 earnings per share for the quarter. The firm had revenue of $1.03 billion for the quarter.
Companhia Paranaense de Energia Dividend Announcement
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Companhia Paranaense de Energia stock. SPX Gestao de Recursos Ltda increased its holdings in Companhia Paranaense de Energia (NYSE:ELPC – Free Report) by 1.9% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 458,294 shares of the company’s stock after buying an additional 8,417 shares during the quarter. SPX Gestao de Recursos Ltda’s holdings in Companhia Paranaense de Energia were worth $2,695,000 at the end of the most recent reporting period.
About Companhia Paranaense de Energia
Companhia Paranaense de Energia – COPEL engages in the generation, transformation, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers in Brazil. The company operates through Power Generation and Transmission, Power Distribution, GAS, Power Sale, and Holding and Services segments.
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