Companhia Paranaense de Energia – COPEL (ELP) Set to Announce Earnings on Wednesday

Companhia Paranaense de Energia – COPEL (NYSE:ELP) is scheduled to be releasing its earnings data after the market closes on Wednesday, May 8th.

Companhia Paranaense de Energia – COPEL Stock Performance

Shares of ELP traded up $0.24 during midday trading on Thursday, reaching $7.28. 22,115 shares of the stock were exchanged, compared to its average volume of 408,096. Companhia Paranaense de Energia – COPEL has a 52 week low of $5.59 and a 52 week high of $8.91. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.47 and a quick ratio of 1.45. The company’s 50 day moving average is $7.71 and its two-hundred day moving average is $7.72.

Companhia Paranaense de Energia – COPEL Cuts Dividend

The business also recently disclosed a Variable dividend, which will be paid on Monday, July 8th. Investors of record on Friday, May 3rd will be given a dividend of $0.031 per share. The ex-dividend date of this dividend is Thursday, May 2nd.

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.