Engie (OTCMKTS:ENGIY) Hits New 1-Year High – Time to Buy?

Engie SA (OTCMKTS:ENGIY) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $18.78 and last traded at $18.57, with a volume of 73724 shares trading hands. The stock had previously closed at $18.39.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Engie in a research note on Monday, March 3rd.

Engie Stock Performance

The company’s 50-day moving average is $16.64 and its 200-day moving average is $16.71. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.99 and a quick ratio of 0.92.

Engie Company Profile

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.