Somewhat Positive Media Coverage Somewhat Unlikely to Affect Companhia Paranaense de Energia (COPEL) (ELP) Stock Price

Press coverage about Companhia Paranaense de Energia (COPEL) (NYSE:ELP) has been trending somewhat positive on Sunday, according to Accern. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Companhia Paranaense de Energia (COPEL) earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave media headlines about the utilities provider an impact score of 45.0806055280891 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Shares of Companhia Paranaense de Energia (NYSE ELP) opened at 9.46 on Friday. Companhia Paranaense de Energia has a 52-week low of $7.15 and a 52-week high of $11.94. The stock’s 50 day moving average is $8.95 and its 200-day moving average is $9.01. The firm has a market capitalization of $2.59 billion, a P/E ratio of 21.45 and a beta of 1.63.

A number of equities research analysts have recently issued reports on the stock. BidaskClub upgraded shares of Companhia Paranaense de Energia (COPEL) from a “hold” rating to a “buy” rating in a research report on Friday, August 18th. HSBC Holdings plc downgraded shares of Companhia Paranaense de Energia (COPEL) from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. ValuEngine upgraded shares of Companhia Paranaense de Energia (COPEL) from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 2nd. Finally, Citigroup Inc. upgraded shares of Companhia Paranaense de Energia (COPEL) from a “neutral” rating to a “buy” rating in a research report on Monday, August 14th.

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About Companhia Paranaense de Energia (COPEL)

Companhia Paranaense de Energia is engaged in the generation, transmission, distribution and sale of electricity in the Brazilian State of Parana. The Company also provides telecommunications and other services. Its segments are Power generation and transmission (GET), Power distribution and sales (DIS), Telecommunications (TEL), GAS and Holding Company (HOL).

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