ENGIE (OTCMKTS:ENGIY) Hits New 52-Week High – Should You Buy?

ENGIE – Sponsored ADR (OTCMKTS:ENGIY)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $25.74 and last traded at $25.5380, with a volume of 16442 shares traded. The stock had previously closed at $25.59.

Analysts Set New Price Targets

A number of analysts have recently weighed in on ENGIY shares. Royal Bank Of Canada assumed coverage on ENGIE in a research report on Tuesday, November 25th. They set an “outperform” rating on the stock. Barclays reiterated an “overweight” rating on shares of ENGIE in a research note on Thursday. Morgan Stanley reissued an “overweight” rating on shares of ENGIE in a research report on Friday, November 14th. Citigroup reaffirmed a “buy” rating on shares of ENGIE in a research report on Wednesday, December 3rd. Finally, Zacks Research lowered ENGIE from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 20th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

ENGIE Trading Down 0.0%

The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.00 and a current ratio of 1.06. The company’s 50 day moving average is $24.08 and its 200 day moving average is $22.78.

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.