ENGIE – Sponsored ADR (OTCMKTS:ENGIY) Short Interest Update

ENGIE – Sponsored ADR (OTCMKTS:ENGIY) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 141,833 shares, a drop of 17.7% from the November 30th total of 172,245 shares. Based on an average trading volume of 211,012 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 211,012 shares, the days-to-cover ratio is currently 0.7 days.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Barclays restated an “overweight” rating on shares of ENGIE in a research report on Thursday, December 11th. Morgan Stanley reissued an “overweight” rating on shares of ENGIE in a report on Friday, November 14th. Royal Bank Of Canada assumed coverage on shares of ENGIE in a report on Tuesday, November 25th. They set an “outperform” rating for the company. Finally, Citigroup reissued a “buy” rating on shares of ENGIE in a research note on Wednesday, December 3rd. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, ENGIE presently has a consensus rating of “Moderate Buy”.

ENGIE Stock Down 0.2%

Shares of ENGIY traded down $0.07 during trading hours on Wednesday, hitting $26.26. The stock had a trading volume of 13,060 shares, compared to its average volume of 225,557. The company has a quick ratio of 1.00, a current ratio of 1.06 and a debt-to-equity ratio of 1.09. The company’s fifty day moving average is $24.96 and its two-hundred day moving average is $23.11. ENGIE has a 52 week low of $15.52 and a 52 week high of $26.38.

ENGIE Company Profile

ENGIE is a Paris-headquartered multinational energy company engaged across the value chain of electricity and natural gas, along with associated infrastructure and services. The company develops, builds and operates power generation assets (including gas-fired plants and an expanding portfolio of renewable generation such as wind, solar and hydro), trades and markets energy commodities, and supplies energy to industrial, commercial and residential customers. ENGIE also provides energy infrastructure and networks, liquefied natural gas (LNG) solutions, and a range of energy services including energy efficiency, facility management and distributed energy systems.

The group traces its modern corporate roots to the 2008 combination of Gaz de France and Suez, and subsequently adopted the ENGIE name in 2015 as part of a strategic repositioning.