ENGIE BRASIL EN/S (OTCMKTS:EGIEY) was downgraded by equities researchers at JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating in a research report issued to clients and investors on Wednesday, The Fly reports.

Shares of EGIEY opened at $9.48 on Wednesday. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.66 and a quick ratio of 0.64. The stock has a market capitalization of $6.19 billion, a PE ratio of 9.88 and a beta of 0.88. ENGIE BRASIL EN/S has a one year low of $9.48 and a one year high of $12.59.

ENGIE BRASIL EN/S (OTCMKTS:EGIEY) last issued its earnings results on Thursday, April 19th. The company reported $0.23 EPS for the quarter. The company had revenue of $575.95 million during the quarter. ENGIE BRASIL EN/S had a return on equity of 29.52% and a net margin of 28.06%.

About ENGIE BRASIL EN/S

Engie Brasil Energia SA, together with its subsidiaries, generates and sells electrical energy in Brazil. It operates 31 plants, including 11 hydroelectric power plants; 7 thermal power plants, which comprise 3 coal, 3 biomass, and 1 natural gas power plants; 9 wind farms; 2 photovoltaic solar power plants; and 2 small hydroelectric plants in the states of Rio Grande do Sul, Santa Catarina, Paraná, São Paulo, Minas Gerais, Mato Grosso do Sul, Mato Grosso, Goiás, Tocantins, Maranhão, Piauí, and Ceará.

The Fly

Receive News & Ratings for ENGIE BRASIL EN/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ENGIE BRASIL EN/S and related companies with MarketBeat.com's FREE daily email newsletter.