Companhia Paranaense de Energia (NYSE:ELPC) Trading Up 6.1% – Time to Buy?

Posted by Lauren Steadman on Apr 28th, 2025

Companhia Paranaense de Energia (NYSE:ELPC – Get Free Report)’s stock price traded up 6.1% on Monday . The stock traded as high as $7.25 and last traded at $7.30. 1,911 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 15,290 shares. The stock had previously closed at $6.88.

Companhia Paranaense de Energia Stock Up 5.5 %

The firm has a 50 day moving average of $6.47 and a two-hundred day moving average of $5.99. The firm has a market capitalization of $7.77 billion, a price-to-earnings ratio of 10.37 and a beta of -0.31.

Companhia Paranaense de Energia (NYSE:ELPC – Get Free Report) last released its quarterly earnings data on Friday, February 28th. The company reported $0.13 earnings per share for the quarter. The company had revenue of $1.03 billion during the quarter.

Companhia Paranaense de Energia Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Tuesday, April 29th will be paid a dividend of $0.1172 per share. This represents a dividend yield of 5.5%. The ex-dividend date of this dividend is Monday, April 28th. Companhia Paranaense de Energia’s payout ratio is 32.86%.

Institutional Investors Weigh In On Companhia Paranaense de Energia

An institutional investor recently raised its position in Companhia Paranaense de Energia stock. SPX Gestao de Recursos Ltda increased its holdings in Companhia Paranaense de Energia (NYSE:ELPC – Free Report) by 32.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 68,091 shares of the company’s stock after purchasing an additional 16,780 shares during the quarter. SPX Gestao de Recursos Ltda’s holdings in Companhia Paranaense de Energia were worth $355,000 as of its most recent filing with the Securities & Exchange Commission.

About Companhia Paranaense de Energia

(Get Free Report)

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, GAS, Power Sale, and Holding and Services segments.