Companhia Paranaense de Energia – COPEL (ELP) Projected to Post Quarterly Earnings on Wednesday

Companhia Paranaense de Energia – COPEL (NYSE:ELP) will likely be announcing its earnings results on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.26 per share and revenue of $657.55 million for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Companhia Paranaense de Energia – COPEL Stock Down 1.9 %

Shares of NYSE ELP opened at $6.96 on Tuesday. The stock has a market capitalization of $3.81 billion, a PE ratio of 10.39 and a beta of 1.00. The company has a quick ratio of 1.43, a current ratio of 1.45 and a debt-to-equity ratio of 0.51. The firm has a fifty day moving average of $6.35 and a 200-day moving average of $6.83. Companhia Paranaense de Energia – COPEL has a 52-week low of $5.72 and a 52-week high of $8.34.

Companhia Paranaense de Energia – COPEL Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, December 13th were issued a $0.1441 dividend. The ex-dividend date of this dividend was Friday, December 13th. Companhia Paranaense de Energia – COPEL’s payout ratio is currently 25.37%.

Companhia Paranaense de Energia – COPEL Company Profile

Companhia Paranaense de Energia – COPEL engages in the generation, transformation, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers in Brazil. The company operates through Power Generation and Transmission, Power Distribution, Power Sale, and Gas segments.