The stock of Companhia Paranaense de Energia (ADR) (NYSE:ELP) is a huge mover today! About 117,754 shares traded hands. Companhia Paranaense de Energia (ADR) (NYSE:ELP) has risen 3.47% since April 18, 2016 and is uptrending. It has underperformed by 0.96% the S&P500.
The move comes after 5 months positive chart setup for the $1.93B company. It was reported on Nov, 18 by Barchart.com. We have $13.53 PT which if reached, will make NYSE:ELP worth $1.24B more.
According to Zacks Investment Research, “Companhia Paranaense de Energia is involved in the Utilities Industry. They are a fully integrated electric power company that is involved in the generation, distributionand transmission of electricity.”
More important recent Companhia Paranaense de Energia (ADR) (NYSE:ELP) news were published by: Quotes.Wsj.com which released: “DOW JONES, A NEWS CORP COMPANY” on February 11, 2011, also Nasdaq.com published article titled: “Mid-Day Market Update: Crude Oil Down Over 3%; NVIDIA Shares Jump On Earnings Beat”, Fool.com published: “Long-Term Opportunities in Brazilian Electric Utililites: Should You Buy?” on February 11, 2014. More interesting news about Companhia Paranaense de Energia (ADR) (NYSE:ELP) was released by: Benzinga.com and their article: “Mid-Afternoon Market Update: Dow Climbs 250 Points; Impax Labs Shares Down …” with publication date: November 09, 2016.
ELP Company Profile
Companhia Paranaense de Energia – Copel, incorporated on October 26, 1954, is engaged in the generation, transmission, distribution and sale of electricity primarily in the Brazilian State of Parana. The Firm also provides telecommunications and other services. The Company’s divisions include Power generation and transmission (GET), Power distribution and sales (DIS), Telecommunications (TEL), GAS and Holding Company (HOL). The Company’s GET segment includes the generation of electric energy from hydraulic, wind and thermal projects; the transport and transformation of the power generated by the Company, and the construction, operation and maintenance of all power transmission substations and lines. The Company’s DIS segment includes the distribution and sale of electric energy, the operation and maintenance of the distribution infrastructure, and related services. The Company’s TEL segment includes telecommunications and general communications services. The Company’s GAS segment includes the public service of piped natural gas distribution. The Company’s HOL segment includes participation in other companies.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.