Shares of Companhia Paranaense de Energia (NYSE:ELP) have been given a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.

Zacks has also given Companhia Paranaense de Energia an industry rank of 209 out of 265 based on the ratings given to its competitors.

Separately, ValuEngine cut shares of Companhia Paranaense de Energia from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 2nd.

Companhia Paranaense de Energia (ELP) traded down $0.02 during midday trading on Thursday, reaching $7.33. 152,646 shares of the company’s stock were exchanged, compared to its average volume of 487,662. Companhia Paranaense de Energia has a 52 week low of $6.70 and a 52 week high of $11.43. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.81 and a quick ratio of 0.79. The firm has a market capitalization of $1,860.00, a PE ratio of 7.72 and a beta of 1.50.

Companhia Paranaense de Energia (NYSE:ELP) last posted its earnings results on Wednesday, November 29th. The utilities provider reported $0.44 EPS for the quarter. Companhia Paranaense de Energia had a net margin of 6.46% and a return on equity of 5.70%. The company had revenue of $1.15 billion for the quarter.

A number of large investors have recently modified their holdings of the business. Ameriprise Financial Inc. increased its stake in Companhia Paranaense de Energia by 50.2% during the second quarter. Ameriprise Financial Inc. now owns 18,449 shares of the utilities provider’s stock worth $141,000 after purchasing an additional 6,170 shares during the period. Brandes Investment Partners LP increased its stake in Companhia Paranaense de Energia by 0.7% during the fourth quarter. Brandes Investment Partners LP now owns 1,266,828 shares of the utilities provider’s stock worth $9,666,000 after purchasing an additional 9,305 shares during the period. Virtu Financial LLC purchased a new stake in Companhia Paranaense de Energia during the third quarter worth about $104,000. First Trust Advisors LP increased its stake in Companhia Paranaense de Energia by 111.3% during the third quarter. First Trust Advisors LP now owns 27,023 shares of the utilities provider’s stock worth $239,000 after purchasing an additional 14,237 shares during the period. Finally, Virtu KCG Holdings LLC purchased a new stake in Companhia Paranaense de Energia during the second quarter worth about $130,000. Institutional investors own 1.97% of the company’s stock.

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Companhia Paranaense de Energia Company Profile

Companhia Paranaense de Energia is engaged in the generation, transmission, distribution and sale of electricity in the Brazilian State of Parana. The Company also provides telecommunications and other services. Its segments are Power generation and transmission (GET), Power distribution and sales (DIS), Telecommunications (TEL), GAS and Holding Company (HOL).

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