Shares of Equatorial Energia S.A. (OTCMKTS:EQUEY – Get Free Report) dropped 4.3% on Friday. The company traded as low as $9.41 and last traded at $9.41. Approximately 6,529 shares changed hands during trading, an increase of 66% from the average daily volume of 3,932 shares. The stock had previously closed at $9.83.
Equatorial Energia Trading Down 4.3%
The firm has a fifty day moving average of $7.87 and a two-hundred day moving average of $7.87.
Equatorial Energia Company Profile
Equatorial Energia SA is a Brazilian utility company engaged primarily in the distribution of electric power. Through regulated concessionaires, the company serves residential, commercial and industrial customers across several Brazilian states, including Maranhão, Pará, Piauí, Alagoas, Amapá, Goiás and Rio Grande do Sul.
The company’s operations include electricity distribution, power generation and transmission, as well as related infrastructure and utility services. Equatorial has also expanded into the sanitation sector, providing water and wastewater services through its regulated concessions.
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