COMPANHIA ENERG/S (OTCMKTS:CESDY) Rating Lowered to Neutral at JPMorgan Chase & Co.

JPMorgan Chase & Co. cut shares of COMPANHIA ENERG/S (OTCMKTS:CESDY) from an overweight rating to a neutral rating in a research report report published on Monday morning, The Fly reports.

Separately, ValuEngine downgraded COMPANHIA ENERG/S from a hold rating to a sell rating in a report on Tuesday, October 15th.

Shares of COMPANHIA ENERG/S stock opened at $6.00 on Monday. The company has a fifty day moving average price of $6.68 and a 200 day moving average price of $6.54. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 0.26. COMPANHIA ENERG/S has a twelve month low of $4.93 and a twelve month high of $7.14.

COMPANHIA ENERG/S Company Profile

CESP – Companhia Energética de São Paulo engages in the planning, construction, and operation of electricity generation systems in Brazil. The company operates three hydroelectric power plants, including 18 generating units with a total installed capacity of 1,654.6 megawatts located in the Parana River basin in the west and the Paraiba do Sul River basin in the east of São Paulo state.

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